Cost Of Living in Southport, IN

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6%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

13%

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	Southport	Indiana	National
Cost of living	94	89	100
Groceries	97	97	100
Health care	99	97	100
Housing	87	72	100
Transportation	95	96	100
Utilities	96	96	100
Lifestyle & Entertainment	99	95	100
Household Items	97	98	100
Education & Childcare	94	94	100

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Homes For Sale In Southport, IN

7909 Southfield Dr

Indianapolis, IN

7920 Corey Ct

Indianapolis, IN

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Cost Of Living Quick Facts

The cost of living in Southport is 5% higher than the Indiana average
The cost of living in Southport is 6% lower than the national average
Southport housing is 13% 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	$86,848	$7,237	$2,026	$2,606
Renters	$75,594	$6,300	$1,764	$2,268

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.
Brooklyn, IN	2,715	86	13.5%
Beech Grove, IN	15,679	88	11.7%
Spring Lake, IN	259	89	10.8%
New Whiteland, IN	6,330	89	11.0%
Fairland, IN	685	90	9.8%
Southport, IN	1,936	94	6.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Parchment, MI	1,936	91	9.2%
Division No. 7, Subd. M, NL	1,936	n/a
Colfax, IA	1,935	87	12.7%
Kenyon, MN	1,935	93	7.0%
Wilkinson Heights, SC	1,937	85	15.2%
Southport, IN	1,936	94	6.1%