Cost Of Living in Redkey, IN

Get 300+ Local Insights for Any Address in Redkey, IN

Get Access to 300+ Local Data Points

A+

21%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

58%

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	Redkey	Indiana	National
Cost of living	79	89	100
Groceries	96	97	100
Health care	97	97	100
Housing	42	72	100
Transportation	94	96	100
Utilities	93	96	100
Lifestyle & Entertainment	92	95	100
Household Items	98	98	100
Education & Childcare	91	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 →

Homes For Sale In Redkey, IN

210 N Oak St

Redkey, IN

306 E Main St

Redkey, IN

Cost Of Living Quick Facts

The cost of living in Redkey is 11% lower than the Indiana average
The cost of living in Redkey is 21% lower than the national average
Redkey housing is 58% 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 Redkey

See all the best places to live around Redkey

Compare Redkey, IN Cost of Living

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

See all Redkey poll results

The best places in Indiana

Here are the best places to live in Indiana

Check out the 10 most dangerous cities in Indiana

These are the 10 cheapest cities in Indiana

Most Dangerous States In The US

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	$51,604	$4,300	$1,204	$1,548
Renters	$43,592	$3,633	$1,017	$1,308

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.
Bryant, IN	218	73	27.0%
Ridgeville, IN	567	77	22.8%
Saratoga, IN	259	78	22.4%
Montpelier, IN	1,849	78	21.5%
Hartford City, IN	5,928	79	21.0%
Redkey, IN	1,546	79	21.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
New Fairview, TX	1,546	97	3.0%
Hawthorne, FL	1,547	97	2.7%
Traer, IA	1,547	88	11.9%
Sedgwick, KS	1,547	91	8.8%
Dawson, MN	1,545	85	15.4%
Redkey, IN	1,546	79	21.1%