What is the cost of living in Charlestown, IN?
According to the most recent data on the cost of living, Charlestown has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Indiana, Charlestown has a cost of living index that's 1.0x higher than Indiana's index of 90.
The standard of living in Charlestown ranks as #76 most affordable out of the 129 places we measured in Indiana. By definition, that implies Charlestown ranks as the #53 most expensive place in the Hoosier State.
For more reading on life in Charlestown, check out:
Charlestown Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Charlestown. Here is how it fares on each of the criteria:
The Services index in Charlestown is 94.
The Groceries index in Charlestown is 96.
The Health index in Charlestown is 78.
The Housing index in Charlestown is 99.
The Transportation index in Charlestown is 96.
The Utilities index in Charlestown is 100.
| Living Expense | Charlestown | Indiana | National Average |
|---|---|---|---|
| Overall | 91 | 90 | 100 |
| Services | 94 | 97 | 100 |
| Groceries | 96 | 95 | 100 |
| Health | 78 | 72 | 100 |
| Housing | 99 | 98 | 100 |
| Transportation | 96 | 94 | 100 |
| Utilities | 100 | 96 | 100 |
Charlestown 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 Charlestown Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Charlestown, 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 Charlestown is $302,063.
The Median Rent in Charlestown is $1,033.
The Median Income in Charlestown is $77,288.
The Home Value To Income in Charlestown is 3.9x.
The Rent To Monthly Income in Charlestown is 0.16x.
| Statistic | Charlestown | Indiana | United States |
|---|---|---|---|
| Median Home Value | $302,063 | $254,121 | $332,700 |
| Median Rent | $1,033 | $1,062 | $1,413 |
| Median Income | $77,288 | $71,957 | $80,734 |
| Home Value To Income | 3.9x | 3.5x | 4.1x |
| Rent To Monthly Income | 0.16x | 0.18x | 0.21x |
Charlestown, IN Costs By Category
Detailed Charlestown Services costs vs. Indiana
| Item | Charlestown | Indiana |
|---|---|---|
| Shampoo | $1.36 | $1.28 |
| Movie | $11.48 | $12.13 |
| Bowling | $16.61 | $18 |
| Haircut | $26.42 | $24.26 |
| Beauty Salon | $47.57 | $45.56 |
Detailed Charlestown Groceries costs vs. Indiana
| Item | Charlestown | Indiana |
|---|---|---|
| Ground Beef | $5.88 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $12.45 | $12.09 |
| Beer | $10.53 | $10.41 |
| Toothpaste | $3.55 | $3.7 |
Detailed Charlestown Health costs vs. Indiana
| Item | Charlestown | Indiana |
|---|---|---|
| Optometrist | $173.41 | $125.68 |
| Doctor | $108.22 | $135.78 |
| Dentist | $104.94 | $113.29 |
Detailed Charlestown Transportation costs vs. Indiana
| Item | Charlestown | Indiana |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $47.16 | $59.92 |
Detailed Charlestown Utilities costs vs. Indiana
| Item | Charlestown | Indiana |
|---|---|---|
| All Electricity | $206.98 | $193.99 |
| Phone | $190.02 | $192.25 |
Charlestown SnackAbility
Cost Of Living In Cities Around Charlestown
The cost of living varies in the cities and towns around Charlestown. Here's a quick look at the cost of living in the most populous nearby places:
Jeffersonville, IN has a cost of living index of 95, 1.0x Charlestown.
Jeffersontown, KY has a cost of living index of 101, 1.1x Charlestown.
Clarksville, IN has a cost of living index of 93, 1.0x Charlestown.
| City | Population | Cost Of Living | Vs. Charlestown |
|---|---|---|---|
| Jeffersonville, IN | 51,043 | 95 | 1.0x |
| Jeffersontown, KY | 29,199 | 101 | 1.1x |
| Clarksville, IN | 22,016 | 93 | 1.0x |
| St. Matthews, KY | 17,577 | 108 | 1.2x |
| Sellersburg, IN | 10,137 | 97 | 1.1x |
| Middletown, KY | 9,763 | 108 | 1.2x |
| Crestwood, KY | 6,356 | 107 | 1.2x |
| Douglass Hills, KY | 5,474 | 107 | 1.2x |
