Bloomington, IN Cost Of Living
Cost Of Living In Bloomington, IN Summary
Cost of living in Bloomington 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 Bloomington 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 Bloomington is 97, with 100 being the average.
The cost of living index in Bloomington is 1.0x lower than the national average.
Bloomington ranks as the #99 cheapest in Indiana out of 124.
Bloomington ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Bloomington is $231,500.
The median income in Bloomington is $41,995.
Table Of Contents
Bloomington's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Bloomington, IN?
According to the most recent data on the cost of living, Bloomington has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Indiana, Bloomington has a cost of living index that's 1.1x higher than Indiana's index of 91.
The standard of living in Bloomington ranks as #99 most affordable out of the 124 places we measured in Indiana. By definition, that implies Bloomington ranks as the #25 most expensive place in the Hoosier State.
For more reading on life in Bloomington, check out:
- Living In Bloomington
- Bloomington Crime Report
- Search Homes For Sale In Bloomington, IN
In Indiana
In America
Bloomington Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Bloomington. Here is how it fairs on each of the criteria:
The Services index in Bloomington is 105.
The Groceries index in Bloomington is 101.
The Health index in Bloomington is 100.
The Housing index in Bloomington is 94.
The Transportation index in Bloomington is 99.
The Utilities index in Bloomington is 95.
| Living Expense | Bloomington | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 97 | 91 | 100 | |
| Services | 105 | 94 | 100 | |
| Groceries | 101 | 96 | 100 | |
| Health | 100 | 101 | 100 | |
| Housing | 94 | 77 | 100 | |
| Transportation | 99 | 95 | 100 | |
| Utilities | 95 | 106 | 100 | |
Bloomington, 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 2017-2021. The key points are:
The Median Home Value in Bloomington is $231,500.
The Median Rent in Bloomington is $988.
The Median Income in Bloomington is $41,995.
The Home Value To Income in Bloomington is 5.5x.
The Rent To Monthly Income in Bloomington is 0.28x.
| Statistic | Bloomington | Indiana | United States |
|---|---|---|---|
| Median Home Value | $231,500 | $158,500 | $244,900 |
| Median Rent | $988 | $891 | $1,163 |
| Median Income | $41,995 | $61,944 | $69,021 |
| Home Value To Income | 5.5x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.28x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Bloomington, IN Costs By Category
Detailed Bloomington Services Costs Vs. Indiana
| Item | Bloomington | Indiana |
|---|---|---|
| Shampoo | $0.97 | $1.06 |
| Movie | $10.84 | $10.68 |
| Bowling | $16.8 | $14.67 |
| Haircut | $21.78 | $18.62 |
| Beauty Salon | $40.22 | $39.05 |
Detailed Bloomington Groceries Costs Vs. Indiana
| Item | Bloomington | Indiana |
|---|---|---|
| Ground Beef | $4.5 | $4.22 |
| Fried Chicken | $1.57 | $1.39 |
| Milk | $1.39 | $2.05 |
| Potatoes | $3.17 | $3.29 |
| Pizza | $11.32 | $10.62 |
| Beer | $9.05 | $9.38 |
| Toothpaste | $1.87 | $2.34 |
Detailed Bloomington Health Costs Vs. Indiana
| Item | Bloomington | Indiana |
|---|---|---|
| Optometrist | $132.05 | $108.57 |
| Doctor | $100.0 | $116.17 |
| Dentist | $98.07 | $99.13 |
Detailed Bloomington Transportation Costs Vs. Indiana
| Item | Bloomington | Indiana |
|---|---|---|
| Gasoline | $2.29 | $2.22 |
| Tire Balancing | $45.48 | $50.07 |
Detailed Bloomington Utilities Costs Vs. Indiana
| Item | Bloomington | Indiana |
|---|---|---|
| All Electricity | $147.72 | $167.67 |
| Phone | $184.27 | $175.64 |
Bloomington SnackAbility
/10
Cost Of Living In Cities Around Bloomington
The cost of living varies in the cities and towns around Bloomington. Here's a quick look at the cost of living in the most populous nearby places:
Greenwood, IN has a cost of living index of 92, 0.9x Bloomington.
Columbus, IN has a cost of living index of 96, 1.0x Bloomington.
Elizabethtown, KY has a cost of living index of 98, 1.0x Bloomington.
| City | Population | Cost Of Living | Vs. Bloomington |
|---|---|---|---|
| Greenwood, IN | 62,914 | 92 | 0.9x |
| Columbus, IN | 50,718 | 96 | 1.0x |
| Elizabethtown, KY | 31,066 | 98 | 1.0x |
| Brownsburg, IN | 28,420 | 95 | 1.0x |
| Washington, IN | 12,015 | 84 | 0.9x |
| Martinsville, IN | 11,848 | 86 | 0.9x |
| Danville, IN | 10,424 | 92 | 0.9x |
| Mooresville, IN | 9,429 | 89 | 0.9x |
| Bargersville, IN | 9,024 | 93 | 1.0x |
| Ellettsville, IN | 6,559 | 92 | 0.9x |
