In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
A general overview of the cost of living index for De Motte, IN is displayed above. In De Motte, IN, the overall cost of living index is 98, which is 11% higher than the Indiana average and 2% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of De Motte, IN, the city's goods and services are 6% higher than the Indiana average and 4% higher than the U.S. average.
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The cost of living in De Motte is 11% higher than the Indiana average.
The cost of living in De Motte is 2% lower than the national average.
The cost of housing in De Motte is 17% lower than the national average.
Indiana general sales tax is 37% higher than the national average.
Indiana state income tax is 48% higher than the national average.
Compare De Motte, IN Cost of living To Other Cities
This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Health care index
The salary calculator is used in order to provide a comparison of your current salary in De Motte, IN to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to De Motte, IN, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the De Motte, IN salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.
Median Income & Debt-To-Income Ratio
Max Budget (28% DTI)
Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in De Motte, IN, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In De Motte, IN, the median monthly income is $52,125 for those who own their own homes. Under the standard rule, that income level would allow for $1,216 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $29,957, per the median income in the area. That would allow for renters to spend up to $699 on monthly rental expenses.
Indiana Sales Tax
General Sales Tax
With Max Surtax
Indiana Income Tax
Income Tax (Low)
Income Tax (High)
The Indiana sales tax and Indiana income tax rates should definitely be considered when determining the overall cost of living in De Motte, IN. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Indiana sales tax is 7% and the maximum surtax is 7%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Indiana income tax rates range from 3.3% to 3.3%.
Goods & Services
Avg. Mortgage Payment
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.