Cost Of Living in Bright, IN

Get 300+ Local Insights for Any Address in Bright, IN

Get Access to 300+ Local Data Points

A

1%

Overall NAT. AVG.

2%

Goods & Services NAT. AVG.

2%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Bright	Indiana	National
Cost of living	101	90	100
Goods & Services	102	94	100
Groceries	102	98	100
Health care	103	96	100
Housing	98	72	100
Transportation	102	95	100
Utilities	100	107	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Bright is 12% higher than the Indiana average
The cost of living in Bright is 1% higher than the national average
Bright housing is 2% 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 Bright

See all the best places to live around Bright

Compare Bright, IN Cost of Living

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Write a review to give others more information about this area.

See all Bright poll results

The best places in Indiana

Here are the best places to live in Indiana

See the best places to live in Bright

Most Dangerous States In The US

Safest States In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$102,545	$8,545	$2,393	$3,077
Renters	$32,432	$2,703	$757	$973

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Bright, IN, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Bright homeowners, is $102,545. This would allow for a maximum of $2,393 per month to be spent on housing costs. For renters, the median monthly income is $32,432 which would result in a maximum of $757 to be spent on rental costs.

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%

Goods & Services

Item	Bright	National avg.	Difference
Haircut	$25.13	$24.26	3.6%
Beauty Salon	$37.93	$45.56	16.7%
Toothpaste	$3.60	$3.70	2.7%
Shampoo	$1.27	$1.28	0.6%
Movie	$14.35	$12.13	18.3%
Bowling	$17.56	$18.00	2.5%

Groceries

Item	Bright	National avg.	Difference
Ground Beef	$5.91	$5.84	1.2%
Fried Chicken	$1.72	$1.57	9.1%
Milk	$4.80	$4.67	2.7%
Potatoes	$5.05	$4.93	2.3%
Pizza	$11.92	$12.09	1.4%
Beer	$10.63	$10.41	2.1%

Health Care

Item	Bright	National avg.	Difference
Optometrist	$105.42	$125.68	16.1%
Doctor	$159.40	$135.78	17.4%
Dentist	$106.67	$113.29	5.8%
Ibuprofen	$10.68	$10.65	0.3%
Lipitor	$497.02	$468.60	6.1%

Housing

Item	Bright	National avg.	Difference
Home Price	$194,700.00	$184,700.00	5.4%
Avg. Mortgage Payment	$1,993.26	$2,346.69	15.1%
Apartment Rent	$756.00	$949.00	20.3%

Transportation

Item	Bright	National avg.	Difference
Gasoline	$3.27	$3.46	5.6%
Tire Balancing	$73.09	$59.92	22.0%

Utilities

Item	Bright	National avg.	Difference
All Electricity	$197.10	$193.99	1.6%
Phone	$186.48	$192.25	3.0%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Mount Carmel, IN	12	102	1.7%
Petersburg, KY	368	102	1.7%
Shawnee, OH	1,054	102	1.7%
Elizabethtown, OH	284	80	20.4%
Hooven, OH	326	81	19.1%
Bright, IN	5,801	101	0.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Hutchins, TX	5,804	92	8.1%
Mays Landing, NJ	5,805	107	6.8%
Grayson Valley, AL	5,808	90	9.9%
Sylvester, GA	5,809	85	14.9%
Eagleton Village, TN	5,809	87	12.5%
Bright, IN	5,801	101	0.5%