What is the cost of living in Greencastle, IN?
According to the most recent data on the cost of living, Greencastle has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Indiana, Greencastle has a cost of living index that's 1.0x lower than Indiana's index of 90.
The standard of living in Greencastle ranks as #69 most affordable out of the 129 places we measured in Indiana. By definition, that implies Greencastle ranks as the #60 most expensive place in the Hoosier State.
For more reading on life in Greencastle, check out:
Greencastle Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Greencastle. Here is how it fares on each of the criteria:
The Services index in Greencastle is 98.
The Groceries index in Greencastle is 97.
The Health index in Greencastle is 70.
The Housing index in Greencastle is 98.
The Transportation index in Greencastle is 95.
The Utilities index in Greencastle is 90.
| Living Expense | Greencastle | Indiana | National Average |
|---|---|---|---|
| Overall | 90 | 90 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 97 | 95 | 100 |
| Health | 70 | 72 | 100 |
| Housing | 98 | 98 | 100 |
| Transportation | 95 | 94 | 100 |
| Utilities | 90 | 96 | 100 |
Greencastle 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 Greencastle Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Greencastle, 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 Greencastle is $243,386.
The Median Rent in Greencastle is $908.
The Median Income in Greencastle is $55,565.
The Home Value To Income in Greencastle is 4.4x.
The Rent To Monthly Income in Greencastle is 0.2x.
| Statistic | Greencastle | Indiana | United States |
|---|---|---|---|
| Median Home Value | $243,386 | $254,121 | $332,700 |
| Median Rent | $908 | $1,062 | $1,413 |
| Median Income | $55,565 | $71,957 | $80,734 |
| Home Value To Income | 4.4x | 3.5x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Greencastle, IN Costs By Category
Detailed Greencastle Services costs vs. Indiana
| Item | Greencastle | Indiana |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $9.63 | $12.13 |
| Bowling | $15.0 | $18 |
| Haircut | $18.5 | $24.26 |
| Beauty Salon | $30.0 | $45.56 |
Detailed Greencastle Groceries costs vs. Indiana
| Item | Greencastle | Indiana |
|---|---|---|
| Ground Beef | $5.92 | $5.84 |
| Fried Chicken | $1.62 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.14 | $4.93 |
| Pizza | $13.25 | $12.09 |
| Beer | $9.97 | $10.41 |
| Toothpaste | $3.71 | $3.7 |
Detailed Greencastle Health costs vs. Indiana
| Item | Greencastle | Indiana |
|---|---|---|
| Optometrist | $150.0 | $125.68 |
| Doctor | $146.67 | $135.78 |
| Dentist | $205.92 | $113.29 |
Detailed Greencastle Transportation costs vs. Indiana
| Item | Greencastle | Indiana |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $67.33 | $59.92 |
Detailed Greencastle Utilities costs vs. Indiana
| Item | Greencastle | Indiana |
|---|---|---|
| All Electricity | $216.89 | $193.99 |
| Phone | $190.03 | $192.25 |
Greencastle SnackAbility
Cost Of Living In Cities Around Greencastle
The cost of living varies in the cities and towns around Greencastle. Here's a quick look at the cost of living in the most populous nearby places:
Carmel, IN has a cost of living index of 117, 1.3x Greencastle.
Bloomington, IN has a cost of living index of 103, 1.1x Greencastle.
Westfield, IN has a cost of living index of 112, 1.2x Greencastle.
| City | Population | Cost Of Living | Vs. Greencastle |
|---|---|---|---|
| Carmel, IN | 101,651 | 117 | 1.3x |
| Bloomington, IN | 80,049 | 103 | 1.1x |
| Westfield, IN | 54,677 | 112 | 1.2x |
| Lawrence, IN | 49,517 | 95 | 1.1x |
| Zionsville, IN | 32,095 | 122 | 1.4x |
| Brownsburg, IN | 31,215 | 102 | 1.1x |
| Danville, IN | 11,714 | 95 | 1.1x |
| Paris, IL | 8,276 | 82 | 0.9x |
| Cumberland, IN | 6,267 | 97 | 1.1x |
| New Whiteland, IN | 5,704 | 89 | 1.0x |
