Cost Of Living in Shelby, IN

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15%

Overall NAT. AVG.

5%

Groceries NAT. AVG.

42%

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	Shelby	Indiana	National
Cost of living	85	89	100
Groceries	95	97	100
Health care	98	97	100
Housing	58	72	100
Transportation	95	96	100
Utilities	93	96	100
Lifestyle & Entertainment	98	95	100
Household Items	96	98	100
Education & Childcare	97	94	100

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Homes For Sale In Shelby, IN

5767 Ruby RD Unit 354-4

Lowell, IN

5743 Ruby RD Unit 354-2

Lowell, IN

5705 Ruby RD Unit 355-4

Lowell, IN

5681 Ruby RD Unit 355-2

Lowell, IN

Cost Of Living Quick Facts

The cost of living in Shelby is 5% lower than the Indiana average
The cost of living in Shelby is 15% lower than the national average
Shelby housing is 42% 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

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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	$84,928	$7,077	$1,982	$2,548
Renters	$0	$0	$0	$0

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.
Hopkins Park, IL	606	79	21.2%
Lake Village, IN	725	85	14.7%
Schneider, IN	191	87	12.7%
Roselawn, IN	3,644	91	9.0%
Hebron, IN	3,804	91	8.6%
Shelby, IN	384	85	15.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Portland, AR	384	78	22.2%
Mount Clare, IL	384	83	17.3%
Woodburn, KY	384	89	11.5%
Beaver Crossing, NE	384	87	13.0%
Jacona, NM	384	113	12.8%
Shelby, IN	384	85	15.5%

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.

Cost of Living in Shelby, IN

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Indiana Sales Tax

Indiana Income Tax

Nearby cities with low cost of living

Cities with similar population