Cost of Living in Roanoke, IN

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10%
Overall NAT. AVG.
3%
Goods & Services NAT. AVG.
28%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Roanoke Indiana National
Cost of living9090100
Goods & Services9795100
Groceries10099100
Health care9299100
Housing7272100
Transportation101101100
Utilities9595100
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Homes For Sale In Roanoke, IN

property for sale

14277 Aboite Rd

Roanoke, IN
property for sale

10863 Hamish Way

Roanoke, IN
property for sale

11223 Wirra Wirra Hl

Roanoke, IN
property for sale

10881 Hamish Way

Roanoke, IN

Cost Of Living Quick Facts

  • The cost of living in Roanoke is equal to the Indiana average
  • The cost of living in Roanoke is 10% lower than the national average
  • Roanoke housing is 28% 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 Roanoke

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Compare Roanoke, IN Cost of Living

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      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$111,971$9,331$2,612$3,359
      Renters$40,337$3,361$941$1,210

      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%

      Goods & Services

      Item Roanoke National avg. Difference
      Haircut $30.61$27.6210.8%
      Beauty Salon $45.28$51.1111.4%
      Toothpaste $4.21$4.092.9%
      Shampoo $1.52$1.541.4%
      Movie $14.91$12.8815.8%
      Yoga $19.33$19.661.7%

      Groceries

      Item Roanoke National avg. Difference
      Ground Beef $7.65$7.700.7%
      Fried Chicken $1.69$1.661.7%
      Milk $4.75$4.730.4%
      Potatoes $5.26$5.260.1%
      Pizza $11.62$12.769.0%
      Beer $10.66$10.551.0%

      Health Care

      Item Roanoke National avg. Difference
      Optometrist $127.29$140.069.1%
      Doctor $135.67$153.8211.8%
      Dentist $118.33$123.153.9%
      Ibuprofen $11.58$11.731.3%
      Lipitor $19.70$23.6116.6%

      Housing

      Item Roanoke National avg. Difference
      Home Price $236,936.00$326,622.0027.5%
      Avg. Mortgage Payment $1,890.64$2,480.2523.8%
      Apartment Rent $1,007.00$1,444.0030.3%

      Transportation

      Item Roanoke National avg. Difference
      Gasoline $3.19$3.064.4%
      Tire Balancing $59.33$65.219.0%

      Utilities

      Item Roanoke National avg. Difference
      All Electricity $202.77$220.127.9%
      Phone $193.62$195.711.1%
      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 Population Cost of Living Index National Avg.
      Andrews, IN1,2118217.7%
      Huntington, IN17,5208416.2%
      South Whitley, IN1,5558415.7%
      Uniondale, IN2848515.2%
      Larwill, IN3068515.1%
      Roanoke, IN1,6169010.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Yorktown Heights, NY1,61615353.4%
      Arlington, OH1,616918.6%
      Highland Park, PA1,615990.9%
      Kimball, TN1,6178712.9%
      New Market, TN1,6178712.7%
      Roanoke, IN1,6169010.3%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
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