Cost of Living in Albion, IN

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16%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
42%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Albion Indiana National
Cost of living8489100
Groceries9797100
Health care9697100
Housing5872100
Transportation9596100
Utilities9796100
Lifestyle & Entertainment9495100
Household Items9998100
Education & Childcare9194100
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Homes For Sale In Albion, IN

property for sale

4237 W 500 S

Albion, IN
property for sale

616 Walnut Dr

Albion, IN
property for sale

306 N Orange St

Albion, IN
property for sale

3186 W 3rd Dr

Albion, IN

Cost Of Living Quick Facts

  • The cost of living in Albion is 5% lower than the Indiana average
  • The cost of living in Albion is 16% lower than the national average
  • Albion housing is 42% lower than the national average
  • Indiana general sales tax is 37% higher than the national average
  • Indiana state income tax is 21% higher than the national average

Most Affordable Places to Live in and Around Albion

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$111,165$9,264$2,594$3,335
      Renters$57,327$4,777$1,338$1,720

      Indiana Sales Tax

      State General Sales Tax With Max Surtax
      Indiana 7% 7%

      Indiana Income Tax

      State Income Tax (Low) Income Tax (High)
      Indiana 3.15% 3.15%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cromwell, IN4988218.0%
      Ligonier, IN4,6338217.6%
      Corunna, IN1958416.1%
      Wolcottville, IN9828316.9%
      Kimmell, IN5838316.8%
      Albion, IN2,8718415.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Fairfax, IA2,8711065.5%
      Grand Point, LA2,8711010.7%
      Pine Ridge, SC2,871972.8%
      Sandusky, MI2,8708218.4%
      Roebuck, SC2,870963.8%
      Albion, IN2,8718415.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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