Cost Of Living in Parkers Settlement, IN

Get 300+ Local Insights for Any Address in Parkers Settlement, IN

Get Access to 300+ Local Data Points

A+

8%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

19%

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	Parkers Settlement	Indiana	National
Cost of living	92	89	100
Groceries	97	97	100
Health care	94	97	100
Housing	81	72	100
Transportation	97	96	100
Utilities	94	96	100
Lifestyle & Entertainment	99	95	100
Household Items	99	98	100
Education & Childcare	99	94	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Parkers Settlement is 3% higher than the Indiana average
The cost of living in Parkers Settlement is 8% lower than the national average
Parkers Settlement housing is 19% 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 Parkers Settlement

See all the best places to live around Parkers Settlement

Compare Parkers Settlement, IN Cost of Living

Write a review to give others more information about this area.

See all Parkers Settlement poll results

The best places in Indiana

Here are the best places to live in Indiana

These are the largest cities in Indiana

Most Dangerous States In The US

Check out the 10 most dangerous cities in Indiana

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	$107,958	$8,997	$2,519	$3,239
Renters	$71,476	$5,956	$1,668	$2,144

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.
Griffin, IN	125	82	18.0%
Cynthiana, IN	680	83	17.5%
Poseyville, IN	1,031	84	15.8%
Evansville, IN	121,758	87	13.4%
Henderson, KY	29,267	88	11.8%
Parkers Settlement, IN	615	92	7.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
De Valls Bluff, AR	615	75	25.2%
Collbran, CO	615	99	1.4%
Ailey, GA	615	87	12.9%
Williamson, GA	615	95	4.6%
Leming, TX	615	103	3.4%
Parkers Settlement, IN	615	92	7.8%