| Index | Avon | Indiana | National |
| Cost of living | 104 | 89 | 100 |
| Groceries | 97 | 97 | 100 |
| Health care | 99 | 97 | 100 |
| Housing | 123 | 72 | 100 |
| Transportation | 96 | 96 | 100 |
| Utilities | 95 | 96 | 100 |
| Lifestyle & Entertainment | 92 | 95 | 100 |
| Household Items | 97 | 98 | 100 |
| Education & Childcare | 91 | 94 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Avon? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Avon stands at 104, making it 4% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Avon is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Housing costs are a major factor in the Avon cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 22.8% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
The most insightful perspective on a city comes from its residents. We recently surveyed 10 locals to gauge their perception of the cost of living in Avon. The feedback revealed that 40% of respondents found the cost of living to be reasonable, with prices on the decline, while 60% regarded it as notably expensive with prices that continue to rise.
Is Avon affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Avon, the median home price is 19.7% higher than the national average and monthly rent prices are 30% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Avon boasting a median household income of $138,833, 70.7% higher than the national average.
Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Avon, the housing index is 22.8% higher than the national average.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Avon, the transportation index is 4.2% lower than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
The Avon cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $168,002 | $14,000 | $3,920 | $5,041 |
| Renters | $84,161 | $7,013 | $1,964 | $2,525 |
| State | General Sales Tax | With Max Surtax |
| Indiana | 7% | 7% |
| State | Income Tax (Low) | Income Tax (High) |
| Indiana | 3.15% | 3.15% |
| City | Population | Cost of Living Index | National Avg. |
| Stilesville, IN | 307 | 87 | 12.9% |
| Jamestown, IN | 1,129 | 88 | 11.7% |
| Coatesville, IN | 469 | 90 | 10.3% |
| North Salem, IN | 434 | 90 | 9.9% |
| Clermont, IN | 1,413 | 90 | 9.8% |
| Avon, IN | 18,517 | 104 | 3.8% |
| City | Population | Cost of Living Index | National Avg. |
| Westerly, RI | 18,517 | 121 | 20.6% |
| Russell, ON | 18,518 | n/a | |
| Sheridan, WY | 18,519 | 105 | 4.5% |
| Canby, OR | 18,522 | 126 | 25.9% |
| Dover, NJ | 18,528 | 121 | 21.0% |
| Avon, IN | 18,517 | 104 | 3.8% |
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