Cost of Living in Florence, IN

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5%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
100%
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 Florence Indiana National
Cost of living9589100
Groceries9597100
Health care9797100
Housingn/a72100
Transportation9496100
Utilities9796100
Lifestyle & Entertainment9795100
Household Items9798100
Education & Childcare9094100
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Homes For Sale In Florence, IN

property for sale

7516 Log Lick Rd

Florence, IN
property for sale

9362 Little Hominy Rdg

Florence, IN
property for sale

11791 McCrearys Ridge Rd

Florence, IN
property for sale

0 Turtle Creek Rd

Florence, IN

Cost Of Living Quick Facts

  • The cost of living in Florence is 7% higher than the Indiana average
  • The cost of living in Florence is 5% lower than the national average
  • Florence housing is 17% 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 Florence

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Compare Florence, IN Cost of Living

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$0$0$0$0
      Renters$0$0$0$0

      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%

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      Florence, IN47954.8%

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      Florence, IN47954.8%
      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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