Brownsburg, Indiana Cost Of Living

Buy Rent

C+

6%

Overall NAT. AVG.

4%

Goods & Services NAT. AVG.

10%

Housing NAT. AVG.

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Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Brownsburg	Indiana	National
Cost of living	94	89	100
Goods & Services	96	96	100
Groceries	95	94	100
Health care	86	96	100
Housing	90	72	100
Transportation	91	99	100
Utilities	104	99	100

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Key findings

The cost of living in Brownsburg is 5% higher than the Indiana average
The cost of living in Brownsburg is 6% lower than the national average
Brownsburg housing is 10% lower than the national average
Indiana general sales tax is 37% higher than the national average
Indiana state income tax is 31% higher than the national average

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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	$82,007	$6,834	$1,913	$2,460
Renters	$37,223	$3,102	$868	$1,117

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Brownsburg, 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 Brownsburg homeowners, is $82,007. This would allow for a maximum of $1,913 per month to be spent on housing costs. For renters, the median monthly income is $37,223 which would result in a maximum of $868 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	3.23%	3.23%

Goods & Services

Item	Brownsburg	National avg.	Difference
Haircut	$17.40	$20.27	14.2%
Beauty Salon	$38.57	$40.39	4.5%
Toothpaste	$2.01	$2.36	14.7%
Shampoo	$1.02	$1.08	5.2%
Movie	$11.34	$10.99	3.2%
Bowling	$18.23	$15.49	17.7%

Groceries

Item	Brownsburg	National avg.	Difference
Ground Beef	$3.97	$4.30	7.5%
Fried Chicken	$1.34	$1.40	4.5%
Milk	$1.73	$2.20	21.5%
Potatoes	$2.88	$3.22	10.5%
Pizza	$10.49	$10.74	2.3%
Beer	$9.06	$9.60	5.6%

Health Care

Item	Brownsburg	National avg.	Difference
Optometrist	$67.23	$109.73	38.7%
Doctor	$91.73	$118.34	22.5%
Dentist	$89.83	$100.94	11.0%
Ibuprofen	$9.06	$9.93	8.8%
Lipitor	$479.39	$469.53	2.1%

Housing

Item	Brownsburg	National avg.	Difference
Home Price	$153,000.00	$184,700.00	17.2%
Avg. Mortgage Payment	$931.48	$1,229.62	24.2%
Apartment Rent	$1,024.00	$949.00	7.9%

Transportation

Item	Brownsburg	National avg.	Difference
Gasoline	$2.66	$2.71	2.0%
Tire Balancing	$42.03	$51.86	18.9%

Utilities

Item	Brownsburg	National avg.	Difference
All Electricity	$182.33	$170.84	6.7%
Phone	$187.80	$187.18	0.3%

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.
Stilesville, IN	213	83	17.2%
Advance, IN	426	85	15.2%
Lebanon, IN	15,846	86	13.5%
Jamestown, IN	1,147	87	13.2%
North Salem, IN	493	87	13.2%
Brownsburg, IN	24,072	94	6.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Saratoga Springs, UT	24,088	113	13.4%
Calabasas, CA	24,091	206	106.4%
Norton Shores, MI	24,091	90	10.1%
Suitland, MD	24,094	114	13.6%
Cudahy, CA	24,106	124	23.7%
Brownsburg, IN	24,072	94	6.0%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.