Clarksville, IN Cost Of Living
Cost Of Living In Clarksville, IN Summary
Cost of living in Clarksville 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 Clarksville 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 Clarksville is 91, with 100 being the average.
The cost of living index in Clarksville is 0.9x lower than the national average.
Clarksville ranks as the #65 cheapest in Indiana out of 128.
Clarksville ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Clarksville is $198,649.
The median income in Clarksville is $58,518.
Table Of Contents
Clarksville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Clarksville, IN?
According to the most recent data on the cost of living, Clarksville has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Indiana, Clarksville has a cost of living index that's 1.0x lower than Indiana's index of 92.
The standard of living in Clarksville ranks as #65 most affordable out of the 128 places we measured in Indiana. By definition, that implies Clarksville ranks as the #63 most expensive place in the Hoosier State.
For more reading on life in Clarksville, check out:
In Indiana
In America
Clarksville Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Clarksville. Here is how it fairs on each of the criteria:
The Services index in Clarksville is 100.
The Groceries index in Clarksville is 99.
The Health index in Clarksville is 96.
The Housing index in Clarksville is 76.
The Transportation index in Clarksville is 97.
The Utilities index in Clarksville is 106.
| Living Expense | Clarksville | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 91 | 92 | 100 | |
| Services | 100 | 95 | 100 | |
| Groceries | 99 | 97 | 100 | |
| Health | 96 | 94 | 100 | |
| Housing | 76 | 73 | 100 | |
| Transportation | 97 | 94 | 100 | |
| Utilities | 106 | 107 | 100 | |
Clarksville, 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 2019-2023. The key points are:
The Median Home Value in Clarksville is $198,649.
The Median Rent in Clarksville is $1,031.
The Median Income in Clarksville is $58,518.
The Home Value To Income in Clarksville is 3.4x.
The Rent To Monthly Income in Clarksville is 0.21x.
| Statistic | Clarksville | Indiana | United States |
|---|---|---|---|
| Median Home Value | $198,649 | $251,301 | $303,400 |
| Median Rent | $1,031 | $1,020 | $1,348 |
| Median Income | $58,518 | $70,051 | $78,538 |
| Home Value To Income | 3.4x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Clarksville, IN Costs By Category
Detailed Clarksville Services Costs Vs. Indiana
| Item | Clarksville | 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 Clarksville Groceries Costs Vs. Indiana
| Item | Clarksville | 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 Clarksville Health Costs Vs. Indiana
| Item | Clarksville | Indiana |
|---|---|---|
| Optometrist | $173.41 | $125.68 |
| Doctor | $108.22 | $135.78 |
| Dentist | $104.94 | $113.29 |
Detailed Clarksville Transportation Costs Vs. Indiana
| Item | Clarksville | Indiana |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $47.16 | $59.92 |
Detailed Clarksville Utilities Costs Vs. Indiana
| Item | Clarksville | Indiana |
|---|---|---|
| All Electricity | $206.98 | $193.99 |
| Phone | $190.02 | $192.25 |
Clarksville SnackAbility
/10
Cost Of Living In Cities Around Clarksville
The cost of living varies in the cities and towns around Clarksville. 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 Clarksville.
New Albany, IN has a cost of living index of 92, 1.0x Clarksville.
Jeffersontown, KY has a cost of living index of 101, 1.1x Clarksville.
| City | Population | Cost Of Living | Vs. Clarksville |
|---|---|---|---|
| Jeffersonville, IN | 50,176 | 95 | 1.0x |
| New Albany, IN | 37,589 | 92 | 1.0x |
| Jeffersontown, KY | 28,988 | 101 | 1.1x |
| St. Matthews, KY | 17,491 | 110 | 1.2x |
| Sellersburg, IN | 10,215 | 98 | 1.1x |
| Middletown, KY | 9,622 | 105 | 1.2x |
| Crestwood, KY | 6,275 | 110 | 1.2x |
| Louisville, MS | 6,018 | 81 | 0.9x |
| Douglass Hills, KY | 5,437 | 113 | 1.2x |
