Cost of Living in Austin, IN

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17%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
52%
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 Austin Indiana National
Cost of living8389100
Groceries9797100
Health care9797100
Housing4872100
Transportation9696100
Utilities9896100
Lifestyle & Entertainment9895100
Household Items9898100
Education & Childcare9994100
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Homes For Sale In Austin, IN

property for sale

180 Broadway St

Austin, IN
property for sale

3312 N Thomastown Rd

Austin, IN
property for sale

85 Rural St

Austin, IN
property for sale

560 North St

Austin, IN
See the Newest Homes For Sale In Austin, IN

Cost Of Living Quick Facts

  • The cost of living in Austin is 7% lower than the Indiana average
  • The cost of living in Austin is 17% lower than the national average
  • Austin housing is 52% 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 Austin

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Compare Austin, IN Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$49,240$4,103$1,149$1,477
      Renters$33,704$2,809$786$1,011
      A good way to judge both the affordability of the housing and the cost of living in Austin is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Austin has a median income of about $49,240 for people who own homes. Based on that number, a maximum of $1,149 should be spent on expenses related to housing. Renters have a slightly different median income, which is $33,704. Based on this average, renters should spend no more than $786 on all rental costs if they want to maintain a non-impoverished standard of living.

      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.
      Kent, IN0963.5%
      Deputy, IN35973.2%
      Crothersville, IN1,8158415.8%
      Brownstown, IN3,0218613.7%
      Scottsburg, IN6,8668712.9%
      Austin, IN3,9738317.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Harbour Heights, FL3,97311413.9%
      Chilton, WI3,974909.9%
      Angels, CA3,97014040.3%
      Metamora, IL3,970991.3%
      Emigsville, PA3,969990.6%
      Austin, IN3,9738317.3%
      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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