Lanesville cost of living index

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.
IndexLanesvilleIndianaNational
Cost of living index8989100
IndexLanesvilleIndianaNational
Goods & Services index10098100
Groceries index8994100
Health care index9393100
Housing index6972100
Transportation index10396100
Utilities index9494100

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Did you know?

  • The cost of living in Lanesville is equal to the Indiana average.
  • The cost of living in Lanesville is 11% lower than the national average.
  • The cost of housing in Lanesville is 31% 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.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$57,000$4,750$1,330$1,710
Renters$36,250$3,021$846$1,088

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%

Goods & Services

ItemLanesvilleNational avg.Difference
Haircut $16.13$16.090.3%
Beauty Salon $38.33$37.332.7%
Toothpaste $2.83$2.4515.6%
Shampoo $1.01$1.000.9%
Movie $9.25$10.2810.0%
Bowling $4.31$4.9312.6%

Groceries

ItemLanesvilleNational avg.Difference
Ground Beef $3.91$3.802.8%
Fried Chicken $1.23$1.4011.9%
Milk $2.23$2.0111.1%
Potatoes $2.93$3.012.7%
Pizza $10.00$9.891.2%
Beer $8.88$8.900.2%

Health Care

ItemLanesvilleNational avg.Difference
Optometrist $87.93$102.1613.9%
Doctor $96.30$108.3611.1%
Dentist $92.97$92.530.5%
Ibuprofen $8.88$9.284.3%
Lipitor $371.95$425.8212.7%

Housing

ItemLanesvilleNational avg.Difference
Home Price $122,900.00$184,700.0033.5%
Avg. Mortgage Payment $935.94$1,202.4422.2%
Apartment Rent $696.00$949.0026.7%

Transportation

ItemLanesvilleNational avg.Difference
Gasoline $2.34$2.244.4%
Tire Balancing $46.93$46.291.4%

Utilities

ItemLanesvilleNational avg.Difference
All Electricity$134.04$165.9619.2%
Phone $31.78$28.6810.8%
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, StatePopulationCost of Living IndexNational Avg.
South Park View, KY297-3%
Fredericksburg, IN16581-19%
New Middletown, IN3181-19%
Mauckport, IN6282-18%
Crandall, IN19585-15%
Lanesville, IN62789-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Falkner, MS62773-27%
Stockwell, IN62787-13%
Shenandoah Junction, WV62794-6%
Fort Johnson, NY62793-7%
Wheatfields, AZ62783-17%
Lanesville, IN62789-11%
Source: The Lanesville, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.