Cost of Living in Roanoke, IN

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11%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
28%
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 Roanoke Indiana National
Cost of living8989100
Groceries9897100
Health care9597100
Housing7272100
Transportation10096100
Utilities9596100
Lifestyle & Entertainment9595100
Household Items10098100
Education & Childcare9594100
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Homes For Sale In Roanoke, IN

property for sale

8384 N Roanoke Rd

Roanoke, IN
property for sale

2661 E 1000 N

Roanoke, IN
property for sale

417 Gene Dr

Roanoke, IN
property for sale

415 Gene Dr

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 11% 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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      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Andrews, IN1,2118217.8%
      Huntington, IN17,5208416.3%
      South Whitley, IN1,5558415.8%
      Uniondale, IN2848515.4%
      Larwill, IN3068515.3%
      Roanoke, IN1,6168910.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Yorktown Heights, NY1,61615049.8%
      Arlington, OH1,616928.4%
      Highland Park, PA1,615955.0%
      Kimball, TN1,617909.6%
      New Market, TN1,617909.5%
      Roanoke, IN1,6168910.5%
      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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