Cost of living in Ellettsville 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 Ellettsville 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 Ellettsville is 94, with 100 being the average.
The cost of living index in Ellettsville is 0.9x lower than the national average.
Ellettsville ranks as the #81 cheapest in Indiana out of 128.
Ellettsville ranks as the #1,806 cheapest out of 6,489 in the US.
The median home value in Ellettsville is $270,246.
The median income in Ellettsville is $82,238.
According to the most recent data on the cost of living, Ellettsville has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Indiana, Ellettsville has a cost of living index that's 1.0x higher than Indiana's index of 90.
The standard of living in Ellettsville ranks as #81 most affordable out of the 128 places we measured in Indiana. By definition, that implies Ellettsville ranks as the #47 most expensive place in the Hoosier State.
For more reading on life in Ellettsville, check out:
Six factors go into calculating the cost of living index in Ellettsville. Here is how it fairs on each of the criteria:
The Services index in Ellettsville is 100.
The Groceries index in Ellettsville is 102.
The Health index in Ellettsville is 93.
The Housing index in Ellettsville is 80.
The Transportation index in Ellettsville is 94.
The Utilities index in Ellettsville is 105.
| Living Expense | Ellettsville | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 94 | 90 | 100 | |
| Services | 100 | 92 | 100 | |
| Groceries | 102 | 96 | 100 | |
| Health | 93 | 98 | 100 | |
| Housing | 80 | 73 | 100 | |
| Transportation | 94 | 96 | 100 | |
| Utilities | 105 | 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 Ellettsville is $270,246.
The Median Rent in Ellettsville is $746.
The Median Income in Ellettsville is $82,238.
The Home Value To Income in Ellettsville is 3.3x.
The Rent To Monthly Income in Ellettsville is 0.11x.
| Statistic | Ellettsville | Indiana | United States |
|---|---|---|---|
| Median Home Value | $270,246 | $251,301 | $303,400 |
| Median Rent | $746 | $1,020 | $1,348 |
| Median Income | $82,238 | $70,051 | $78,538 |
| Home Value To Income | 3.3x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.11x | 0.17x | 0.21x |
| Item | Ellettsville | Indiana |
|---|---|---|
| Shampoo | $1.36 | $1.28 |
| Movie | $11.48 | $12.13 |
| Bowling | $16.61 | $18.0 |
| Haircut | $26.42 | $24.26 |
| Beauty Salon | $47.57 | $45.56 |
| Item | Ellettsville | 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 |
| Item | Ellettsville | Indiana |
|---|---|---|
| Optometrist | $173.41 | $125.68 |
| Doctor | $108.22 | $135.78 |
| Dentist | $104.94 | $113.29 |
| Item | Ellettsville | Indiana |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $47.16 | $59.92 |
| Item | Ellettsville | Indiana |
|---|---|---|
| All Electricity | $206.98 | $193.99 |
| Phone | $190.02 | $192.25 |
The cost of living varies in the cities and towns around Ellettsville. Here's a quick look at the cost of living in the most populous nearby places:
Bloomington, IN has a cost of living index of 101, 1.1x Ellettsville.
Greenwood, IN has a cost of living index of 99, 1.1x Ellettsville.
Columbus, IN has a cost of living index of 100, 1.1x Ellettsville.
| City | Population | Cost Of Living | Vs. Ellettsville |
|---|---|---|---|
| Bloomington, IN | 78,791 | 101 | 1.1x |
| Greenwood, IN | 64,237 | 99 | 1.1x |
| Columbus, IN | 51,104 | 100 | 1.1x |
| Elizabethtown, KY | 31,870 | 95 | 1.0x |
| Brownsburg, IN | 30,310 | 101 | 1.1x |
| Washington, IN | 12,192 | 84 | 0.9x |
| Martinsville, IN | 11,913 | 88 | 0.9x |
| Danville, IN | 11,049 | 98 | 1.0x |
| Bargersville, IN | 10,163 | 106 | 1.1x |
| Mooresville, IN | 9,608 | 91 | 1.0x |