A+
7%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
15%
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 Jeffersonville Indiana National
Cost of living9389100
Groceries9597100
Health care9797100
Housing8572100
Transportation9996100
Utilities9596100
Lifestyle & Entertainment9895100
Household Items9598100
Education & Childcare9594100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

An Overview of Cost of Living in Jeffersonville, IN

Getting a feel for the cost of living in Jeffersonville is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Jeffersonville is 93, which is 7% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

The cost of living in Jeffersonville is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

What Do Locals Say About the Cost of Living in Jeffersonville?

Locals have the inside scoop on their city. So, we polled 8 residents in Jeffersonville to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 100% find it reasonable with decreasing prices, but 0% think it's quite pricey, with prices that continue to rise.

Is Jeffersonville Affordable?

Is Jeffersonville an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Jeffersonville is 18.2% lower than the national average, while the average monthly rent prices are 8.3% lower than average. The affordability of any location can also be influenced by median income levels. Jeffersonville has a median household income of $83,377, which is 2.5% higher than the national average.

What Factors can Influence the Cost of Living in Jeffersonville?

Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Jeffersonville, the transportation index is 1.1% lower than the national average.

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Jeffersonville, the groceries index is 4.6% lower than the national average.

Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Jeffersonville, the housing index comes in at 15.2% lower than the national average.

Where is the Data From?

The Jeffersonville cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.

Cost Of Living Quick Facts

  • The cost of living in Jeffersonville is 4% higher than the Indiana average
  • The cost of living in Jeffersonville is 7% lower than the national average
  • Jeffersonville housing is 15% 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 Jeffersonville

See all the best places to live around Jeffersonville

Compare Jeffersonville, IN Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Jeffersonville?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Jeffersonville?
      Write a review to give others more information about this area.
      See all Jeffersonville poll results

      Salary Calculator

      This is how much you would need to earn in
      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$102,013$8,501$2,380$3,061
      Renters$58,335$4,861$1,361$1,750
      To approximate the cost of living and the housing affordability in Jeffersonville, IN, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Jeffersonville have a median income of $102,013. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,380 per month to avoid calamity and poverty. The renters in the city have an income of about $58,335, which would make their monthly maximum allowable rental costs $1,361.

      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.
      South Park View, KY5973.0%
      Watterson Park, KY9888712.8%
      West Buechel, KY2,1138712.6%
      Shively, KY16,0918712.8%
      Lynnview, KY7798812.2%
      Jeffersonville, IN49,450937.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Wauwatosa, WI49,4501087.5%
      Ceres, CA49,47212525.4%
      Rimouski, QC49,516n/a 
      Palm Springs, CA49,53713837.6%
      Roswell, NM49,3578910.8%
      Jeffersonville, IN49,450937.0%
      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.