Cost of living in Angola research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Angola is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Angola is 88, with 100 being the average.
The cost of living index in Angola is 0.9x lower than the national average.
Angola ranks as the #62 cheapest in Indiana out of 124.
Angola ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Angola is $148,800.
The median income in Angola is $46,616.
According to the most recent data on the cost of living, Angola has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Indiana, Angola has a cost of living index that's 1.0x lower than Indiana's index of 91.
The standard of living in Angola ranks as #62 most affordable out of the 124 places we measured in Indiana. By definition, that implies Angola ranks as the #62 most expensive place in the Hoosier State.
For more reading on life in Angola, check out:
Six factors go into calculating the cost of living index in Angola. Here is how it fairs on each of the criteria:
The Services index in Angola is 99.
The Groceries index in Angola is 85.
The Health index in Angola is 99.
The Housing index in Angola is 68.
The Transportation index in Angola is 107.
The Utilities index in Angola is 91.
|Living Expense||Angola||Indiana||National Average|
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Angola is $148,800.
The Median Rent in Angola is $786.
The Median Income in Angola is $46,616.
The Home Value To Income in Angola is 3.2x.
The Rent To Monthly Income in Angola is 0.2x.
|Median Home Value||$148,800||$158,500||$244,900|
|Home Value To Income||3.2x||2.6x||3.5x|
|Rent To Monthly Income||0.2x||0.17x||0.2x|
The cost of living varies in the cities and towns around Angola. Here's a quick look at the cost of living in the most populous nearby places:
Portage, MI has a cost of living index of 87, 1.0x Angola.
Goshen, IN has a cost of living index of 87, 1.0x Angola.
Defiance, OH has a cost of living index of 85, 1.0x Angola.