What is the cost of living in Marion, IN?
According to the most recent data on the cost of living, Marion has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Indiana, Marion has a cost of living index that's 0.9x lower than Indiana's index of 90.
The standard of living in Marion ranks as #2 most affordable out of the 129 places we measured in Indiana. By definition, that implies Marion ranks as the #127 most expensive place in the Hoosier State.
For more reading on life in Marion, check out:
Marion Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Marion. Here is how it fares on each of the criteria:
The Services index in Marion is 98.
The Groceries index in Marion is 95.
The Health index in Marion is 49.
The Housing index in Marion is 100.
The Transportation index in Marion is 100.
The Utilities index in Marion is 96.
| Living Expense | Marion | Indiana | National Average |
|---|---|---|---|
| Overall | 80 | 90 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 95 | 95 | 100 |
| Health | 49 | 72 | 100 |
| Housing | 100 | 98 | 100 |
| Transportation | 100 | 94 | 100 |
| Utilities | 96 | 96 | 100 |
Marion 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 Marion Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Marion, 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 Marion is $136,312.
The Median Rent in Marion is $805.
The Median Income in Marion is $43,343.
The Home Value To Income in Marion is 3.1x.
The Rent To Monthly Income in Marion is 0.22x.
Marion, IN Costs By Category
Detailed Marion Services costs vs. Indiana
Detailed Marion Groceries costs vs. Indiana
Detailed Marion Health costs vs. Indiana
Detailed Marion Transportation costs vs. Indiana
Marion SnackAbility
Cost Of Living In Cities Around Marion
The cost of living varies in the cities and towns around Marion. Here's a quick look at the cost of living in the most populous nearby places:
Fort Wayne, IN has a cost of living index of 91, 1.1x Marion.
Carmel, IN has a cost of living index of 117, 1.5x Marion.
Noblesville, IN has a cost of living index of 103, 1.3x Marion.
| City | Population | Cost Of Living | Vs. Marion |
|---|---|---|---|
| Fort Wayne, IN | 268,589 | 91 | 1.1x |
| Carmel, IN | 101,651 | 117 | 1.5x |
| Noblesville, IN | 73,362 | 103 | 1.3x |
| Westfield, IN | 54,677 | 112 | 1.4x |
| Warsaw, IN | 16,768 | 89 | 1.1x |
| Frankfort, IN | 15,917 | 86 | 1.1x |
| Decatur, IN | 9,811 | 87 | 1.1x |
| Middletown, KY | 9,763 | 108 | 1.4x |
