What is the cost of living in McCordsville, IN?
According to the most recent data on the cost of living, McCordsville has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Indiana, McCordsville has a cost of living index that's 1.1x higher than Indiana's index of 90.
The standard of living in McCordsville ranks as #112 most affordable out of the 129 places we measured in Indiana. By definition, that implies McCordsville ranks as the #17 most expensive place in the Hoosier State.
For more reading on life in McCordsville, check out:
McCordsville Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in McCordsville. Here is how it fares on each of the criteria:
The Services index in McCordsville is 97.
The Groceries index in McCordsville is 99.
The Health index in McCordsville is 122.
The Housing index in McCordsville is 95.
The Transportation index in McCordsville is 97.
The Utilities index in McCordsville is 95.
| Living Expense | McCordsville | Indiana | National Average |
|---|---|---|---|
| Overall | 102 | 90 | 100 |
| Services | 97 | 97 | 100 |
| Groceries | 99 | 95 | 100 |
| Health | 122 | 72 | 100 |
| Housing | 95 | 98 | 100 |
| Transportation | 97 | 94 | 100 |
| Utilities | 95 | 96 | 100 |
McCordsville 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 McCordsville Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
McCordsville, 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 McCordsville is $375,788.
The Median Rent in McCordsville is $1,283.
The Median Income in McCordsville is $110,692.
The Home Value To Income in McCordsville is 3.4x.
The Rent To Monthly Income in McCordsville is 0.14x.
| Statistic | McCordsville | Indiana | United States |
|---|---|---|---|
| Median Home Value | $375,788 | $254,121 | $332,700 |
| Median Rent | $1,283 | $1,062 | $1,413 |
| Median Income | $110,692 | $71,957 | $80,734 |
| Home Value To Income | 3.4x | 3.5x | 4.1x |
| Rent To Monthly Income | 0.14x | 0.18x | 0.21x |
McCordsville, IN Costs By Category
Detailed McCordsville Services costs vs. Indiana
| Item | McCordsville | 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 McCordsville Groceries costs vs. Indiana
| Item | McCordsville | 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 McCordsville Health costs vs. Indiana
| Item | McCordsville | Indiana |
|---|---|---|
| Optometrist | $73.37 | $125.68 |
| Doctor | $99.19 | $135.78 |
| Dentist | $109.26 | $113.29 |
Detailed McCordsville Transportation costs vs. Indiana
| Item | McCordsville | Indiana |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $54.63 | $59.92 |
Detailed McCordsville Utilities costs vs. Indiana
| Item | McCordsville | Indiana |
|---|---|---|
| All Electricity | $207.03 | $193.99 |
| Phone | $190.02 | $192.25 |
Mccordsville SnackAbility
Cost Of Living In Cities Around McCordsville
The cost of living varies in the cities and towns around McCordsville. 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, 0.9x McCordsville.
Carmel, IN has a cost of living index of 117, 1.1x McCordsville.
Noblesville, IN has a cost of living index of 103, 1.0x McCordsville.
| City | Population | Cost Of Living | Vs. McCordsville |
|---|---|---|---|
| Indianapolis, IN | 885,860 | 94 | 0.9x |
| Carmel, IN | 101,651 | 117 | 1.1x |
| Noblesville, IN | 73,362 | 103 | 1.0x |
| Anderson, IN | 55,367 | 82 | 0.8x |
| Westfield, IN | 54,677 | 112 | 1.1x |
| Lawrence, IN | 49,517 | 95 | 0.9x |
| Greenfield, IN | 24,940 | 93 | 0.9x |
| Beech Grove, IN | 14,913 | 86 | 0.8x |
| Cumberland, IN | 6,267 | 97 | 1.0x |
| Pendleton, IN | 5,321 | 96 | 0.9x |
