Cost Of Living in Winchester, IN

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18%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

47%

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	Winchester	Indiana	National
Cost of living	82	89	100
Groceries	96	97	100
Health care	97	97	100
Housing	53	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

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Homes For Sale In Winchester, IN

404 S Evans St

Saratoga, IN

219 S Brown St

Winchester, IN

200 E South St

Winchester, IN

113 E Main ST

Saratoga, IN

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Cost Of Living Quick Facts

The cost of living in Winchester is 8% lower than the Indiana average
The cost of living in Winchester is 18% lower than the national average
Winchester housing is 47% 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	$86,076	$7,173	$2,008	$2,583
Renters	$48,988	$4,082	$1,143	$1,470

To approximate the cost of living and the housing affordability in Winchester, IN, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Winchester have a median income of $86,076. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,008 per month to avoid calamity and poverty. The renters in the city have an income of about $48,988, which would make their monthly maximum allowable rental costs $1,143.

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.
Blountsville, IN	86	76	24.4%
Hollansburg, OH	282	78	22.2%
Union City, OH	1,705	79	21.3%
Ridgeville, IN	567	77	22.8%
Saratoga, IN	259	78	22.4%
Winchester, IN	4,934	82	17.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Telford, PA	4,933	107	6.6%
Omak, WA	4,933	98	1.6%
Royersford, PA	4,937	105	5.1%
Edgefield, SC	4,930	85	14.9%
Seat Pleasant, MD	4,929	132	32.1%
Winchester, IN	4,934	82	17.9%