Cost of Living in Paragon, IN

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16%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
48%
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 Paragon Indiana National
Cost of living8489100
Groceries9697100
Health care9897100
Housing5272100
Transportation9596100
Utilities9796100
Lifestyle & Entertainment9695100
Household Items9998100
Education & Childcare10394100
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Homes For Sale In Paragon, IN

property for sale

10825 W Wigal Rd

Paragon, IN
property for sale

220 E Church St

Paragon, IN
property for sale

1284 N Letterman Rd

Paragon, IN

Cost Of Living Quick Facts

  • The cost of living in Paragon is 6% lower than the Indiana average
  • The cost of living in Paragon is 16% lower than the national average
  • Paragon housing is 48% 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 Paragon

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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$76,444$6,370$1,784$2,294
      Renters$47,051$3,921$1,098$1,412

      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.
      Stinesville, IN3348118.6%
      Gosport, IN1,0928415.8%
      Cloverdale, IN1,9748416.3%
      Spencer, IN2,2898614.2%
      Brooklyn, IN2,7158613.5%
      Paragon, IN4788416.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hayden, AZ4787722.5%
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      Smithville, GA4788316.7%
      Dry Prong, LA4788911.4%
      Fawn Grove, PA4781098.8%
      Paragon, IN4788416.4%
      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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