What is the cost of living in Beech Grove, IN?
According to the most recent data on the cost of living, Beech Grove has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Indiana, Beech Grove has a cost of living index that's 1.0x lower than Indiana's index of 90.
The standard of living in Beech Grove ranks as #37 most affordable out of the 129 places we measured in Indiana. By definition, that implies Beech Grove ranks as the #92 most expensive place in the Hoosier State.
For more reading on life in Beech Grove, check out:
Beech Grove Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Beech Grove. Here is how it fares on each of the criteria:
The Services index in Beech Grove is 98.
The Groceries index in Beech Grove is 95.
The Health index in Beech Grove is 68.
The Housing index in Beech Grove is 99.
The Transportation index in Beech Grove is 100.
The Utilities index in Beech Grove is 93.
| Living Expense | Beech Grove | Indiana | National Average |
|---|---|---|---|
| Overall | 86 | 90 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 95 | 95 | 100 |
| Health | 68 | 72 | 100 |
| Housing | 99 | 98 | 100 |
| Transportation | 100 | 94 | 100 |
| Utilities | 93 | 96 | 100 |
Beech Grove Cost Of Living Compared To Indiana Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Indiana, check out:
Protect your home budget Compare home warranties in Beech Grove Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Beech Grove, IN Housing Cost Breakdown
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 2020-2024. The key points are:
The Median Home Value in Beech Grove is $191,935.
The Median Rent in Beech Grove is $1,091.
The Median Income in Beech Grove is $49,973.
The Home Value To Income in Beech Grove is 3.8x.
The Rent To Monthly Income in Beech Grove is 0.26x.
| Statistic | Beech Grove | Indiana | United States |
|---|---|---|---|
| Median Home Value | $191,935 | $254,121 | $332,700 |
| Median Rent | $1,091 | $1,062 | $1,413 |
| Median Income | $49,973 | $71,957 | $80,734 |
| Home Value To Income | 3.8x | 3.5x | 4.1x |
| Rent To Monthly Income | 0.26x | 0.18x | 0.21x |
Beech Grove, IN Costs By Category
Detailed Beech Grove Services costs vs. Indiana
| Item | Beech Grove | Indiana |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $10.91 | $12.13 |
| Bowling | $18.7 | $18 |
| Haircut | $19.53 | $24.26 |
| Beauty Salon | $39.03 | $45.56 |
Detailed Beech Grove Groceries costs vs. Indiana
| Item | Beech Grove | Indiana |
|---|---|---|
| Ground Beef | $5.91 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.07 | $4.93 |
| Pizza | $12.39 | $12.09 |
| Beer | $10.3 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Beech Grove Health costs vs. Indiana
| Item | Beech Grove | Indiana |
|---|---|---|
| Optometrist | $73.37 | $125.68 |
| Doctor | $99.19 | $135.78 |
| Dentist | $109.26 | $113.29 |
Detailed Beech Grove Transportation costs vs. Indiana
| Item | Beech Grove | Indiana |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $54.63 | $59.92 |
Detailed Beech Grove Utilities costs vs. Indiana
| Item | Beech Grove | Indiana |
|---|---|---|
| All Electricity | $207.03 | $193.99 |
| Phone | $190.02 | $192.25 |
Beech Grove SnackAbility
Cost Of Living In Cities Around Beech Grove
The cost of living varies in the cities and towns around Beech Grove. Here's a quick look at the cost of living in the most populous nearby places:
Indianapolis, IN has a cost of living index of 94, 1.1x Beech Grove.
Carmel, IN has a cost of living index of 117, 1.4x Beech Grove.
Greenwood, IN has a cost of living index of 96, 1.1x Beech Grove.
| City | Population | Cost Of Living | Vs. Beech Grove |
|---|---|---|---|
| Indianapolis, IN | 885,860 | 94 | 1.1x |
| Carmel, IN | 101,651 | 117 | 1.4x |
| Greenwood, IN | 66,029 | 96 | 1.1x |
| Lawrence, IN | 49,517 | 95 | 1.1x |
| Brownsburg, IN | 31,215 | 102 | 1.2x |
| Greenfield, IN | 24,940 | 93 | 1.1x |
| Speedway, IN | 13,968 | 92 | 1.1x |
| Bargersville, IN | 10,752 | 107 | 1.2x |
| Mooresville, IN | 9,751 | 93 | 1.1x |
| Cumberland, IN | 6,267 | 97 | 1.1x |
