Cost of living in Bright 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 Bright 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 Bright is 102, with 100 being the average.
The cost of living index in Bright is 1.0x higher than the national average.
Bright ranks as the #109 cheapest in Indiana out of 128.
Bright ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Bright is $354,010.
The median income in Bright is $111,140.
According to the most recent data on the cost of living, Bright has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Indiana, Bright has a cost of living index that's 1.1x higher than Indiana's index of 92.
The standard of living in Bright ranks as #109 most affordable out of the 128 places we measured in Indiana. By definition, that implies Bright ranks as the #19 most expensive place in the Hoosier State.
For more reading on life in Bright, check out:
Six factors go into calculating the cost of living index in Bright. Here is how it fairs on each of the criteria:
The Services index in Bright is 101.
The Groceries index in Bright is 103.
The Health index in Bright is 105.
The Housing index in Bright is 99.
The Transportation index in Bright is 100.
The Utilities index in Bright is 101.
| Living Expense | Bright | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 102 | 92 | 100 | |
| Services | 101 | 95 | 100 | |
| Groceries | 103 | 97 | 100 | |
| Health | 105 | 94 | 100 | |
| Housing | 99 | 73 | 100 | |
| Transportation | 100 | 94 | 100 | |
| Utilities | 101 | 107 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Bright is $354,010.
The Median Rent in Bright is $834.
The Median Income in Bright is $111,140.
The Home Value To Income in Bright is 3.2x.
The Rent To Monthly Income in Bright is 0.09x.
The cost of living varies in the cities and towns around Bright. Here's a quick look at the cost of living in the most populous nearby places:
White Oak, OH has a cost of living index of 95, 0.9x Bright.
Bridgetown, OH has a cost of living index of 96, 0.9x Bright.
Harrison, OH has a cost of living index of 99, 1.0x Bright.
| City | Population | Cost Of Living | Vs. Bright |
|---|---|---|---|
| White Oak, OH | 18,845 | 95 | 0.9x |
| Bridgetown, OH | 13,830 | 96 | 0.9x |
| Harrison, OH | 13,460 | 99 | 1.0x |
| Monfort Heights, OH | 12,203 | 97 | 1.0x |
| Dent, OH | 12,097 | 106 | 1.0x |
| Finneytown, OH | 12,079 | 95 | 0.9x |
| Mack, OH | 11,444 | 109 | 1.1x |
| Northgate, OH | 6,585 | 93 | 0.9x |
| Covedale, OH | 6,306 | 96 | 0.9x |
| Hidden Valley, IN | 5,625 | 104 | 1.0x |