Cost of Living in Parker City, IN

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20%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
53%
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 Parker City Indiana National
Cost of living8089100
Groceries9697100
Health care9797100
Housing4772100
Transportation9496100
Utilities9396100
Lifestyle & Entertainment9295100
Household Items9898100
Education & Childcare9194100
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Homes For Sale In Parker City, IN

property for sale

10280 W 300 S

Parker City, IN
property for sale

West

Parker City, IN
property for sale

N 1200 W

Parker City, IN
property for sale

TBD S Woodlawn St

Parker City, IN

Cost Of Living Quick Facts

  • The cost of living in Parker City is 10% lower than the Indiana average
  • The cost of living in Parker City is 20% lower than the national average
  • Parker City housing is 53% 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 Parker City

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Compare Parker City, IN Cost of Living

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      Utilities index
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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$78,861$6,572$1,840$2,366
      Renters$50,517$4,210$1,179$1,516

      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.
      Blountsville, IN867624.4%
      Ridgeville, IN5677722.8%
      Redkey, IN1,5467921.1%
      Dunkirk, IN1,9648020.5%
      Economy, IN1258118.8%
      Parker City, IN1,1458019.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hotevilla-Bacavi, AZ1,145909.6%
      Pleasant Hill, IL1,1458218.0%
      Cobb Island, MD1,14511818.1%
      Dodson Branch, TN1,145919.5%
      Preeceville, SK1,145n/a 
      Parker City, IN1,1458019.6%
      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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