Cost Of Living in Homecroft, IN

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A+

3%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

3%

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	Homecroft	Indiana	National
Cost of living	97	89	100
Groceries	97	97	100
Health care	99	97	100
Housing	97	72	100
Transportation	95	96	100
Utilities	96	96	100
Lifestyle & Entertainment	99	95	100
Household Items	97	98	100
Education & Childcare	94	94	100

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Homes For Sale In Homecroft, IN

1718 Tulip Dr

Indianapolis, IN

Cost Of Living Quick Facts

The cost of living in Homecroft is 9% higher than the Indiana average
The cost of living in Homecroft is 3% lower than the national average
Homecroft housing is 3% 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

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$120,851	$10,071	$2,820	$3,626
Renters	$150,011	$12,501	$3,500	$4,501

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%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Brooklyn, IN	2,715	86	13.5%
Beech Grove, IN	15,679	88	11.7%
Spring Lake, IN	259	89	10.8%
New Whiteland, IN	6,330	89	11.0%
Fairland, IN	685	90	9.8%
Homecroft, IN	676	97	3.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Indianola, CA	676	135	34.6%
North Washington, CO	676	99	0.9%
Ona, FL	676	104	4.3%
Paxton, FL	676	92	8.0%
West Bend, IA	676	85	15.5%
Homecroft, IN	676	97	3.3%