What is the cost of living in Greenfield, IN?
According to the most recent data on the cost of living, Greenfield has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Indiana, Greenfield has a cost of living index that's 1.0x higher than Indiana's index of 90.
The standard of living in Greenfield ranks as #84 most affordable out of the 129 places we measured in Indiana. By definition, that implies Greenfield ranks as the #45 most expensive place in the Hoosier State.
For more reading on life in Greenfield, check out:
Greenfield Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Greenfield. Here is how it fares on each of the criteria:
The Services index in Greenfield is 99.
The Groceries index in Greenfield is 98.
The Health index in Greenfield is 87.
The Housing index in Greenfield is 101.
The Transportation index in Greenfield is 95.
The Utilities index in Greenfield is 100.
| Living Expense | Greenfield | Indiana | National Average |
|---|---|---|---|
| Overall | 93 | 90 | 100 |
| Services | 99 | 97 | 100 |
| Groceries | 98 | 95 | 100 |
| Health | 87 | 72 | 100 |
| Housing | 101 | 98 | 100 |
| Transportation | 95 | 94 | 100 |
| Utilities | 100 | 96 | 100 |
Greenfield 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 Greenfield Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Greenfield, 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 Greenfield is $285,065.
The Median Rent in Greenfield is $1,177.
The Median Income in Greenfield is $76,127.
The Home Value To Income in Greenfield is 3.7x.
The Rent To Monthly Income in Greenfield is 0.19x.
| Statistic | Greenfield | Indiana | United States |
|---|---|---|---|
| Median Home Value | $285,065 | $254,121 | $332,700 |
| Median Rent | $1,177 | $1,062 | $1,413 |
| Median Income | $76,127 | $71,957 | $80,734 |
| Home Value To Income | 3.7x | 3.5x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.21x |
Greenfield, IN Costs By Category
Detailed Greenfield Services costs vs. Indiana
| Item | Greenfield | Indiana |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $10.91 | $12.13 |
| Bowling | $18.7 | $18 |
| Haircut | $19.53 | $24.26 |
| Beauty Salon | $39.03 | $45.56 |
Detailed Greenfield Groceries costs vs. Indiana
| Item | Greenfield | Indiana |
|---|---|---|
| Ground Beef | $5.91 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.07 | $4.93 |
| Pizza | $12.39 | $12.09 |
| Beer | $10.3 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Greenfield Health costs vs. Indiana
| Item | Greenfield | Indiana |
|---|---|---|
| Optometrist | $73.37 | $125.68 |
| Doctor | $99.19 | $135.78 |
| Dentist | $109.26 | $113.29 |
Detailed Greenfield Transportation costs vs. Indiana
| Item | Greenfield | Indiana |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $54.63 | $59.92 |
Detailed Greenfield Utilities costs vs. Indiana
| Item | Greenfield | Indiana |
|---|---|---|
| All Electricity | $207.03 | $193.99 |
| Phone | $190.02 | $192.25 |
Greenfield SnackAbility
Cost Of Living In Cities Around Greenfield
The cost of living varies in the cities and towns around Greenfield. Here's a quick look at the cost of living in the most populous nearby places:
Indianapolis, IN has a cost of living index of 94, 1.0x Greenfield.
Lawrence, IN has a cost of living index of 95, 1.0x Greenfield.
Beech Grove, IN has a cost of living index of 86, 0.9x Greenfield.
| City | Population | Cost Of Living | Vs. Greenfield |
|---|---|---|---|
| Indianapolis, IN | 885,860 | 94 | 1.0x |
| Lawrence, IN | 49,517 | 95 | 1.0x |
| Beech Grove, IN | 14,913 | 86 | 0.9x |
| McCordsville, IN | 10,329 | 102 | 1.1x |
| Cumberland, IN | 6,267 | 97 | 1.0x |
