Mooresville, IN Cost Of Living
Cost Of Living In Mooresville, IN Summary
Cost of living in Mooresville 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 Mooresville 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 Mooresville is 91, with 100 being the average.
The cost of living index in Mooresville is 0.9x lower than the national average.
Mooresville ranks as the #65 cheapest in Indiana out of 128.
Mooresville ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Mooresville is $307,475.
The median income in Mooresville is $70,228.
Table Of Contents
Mooresville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mooresville, IN?
According to the most recent data on the cost of living, Mooresville has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Indiana, Mooresville has a cost of living index that's 1.0x lower than Indiana's index of 92.
The standard of living in Mooresville ranks as #65 most affordable out of the 128 places we measured in Indiana. By definition, that implies Mooresville ranks as the #63 most expensive place in the Hoosier State.
For more reading on life in Mooresville, check out:
In Indiana
In America
Mooresville Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Mooresville. Here is how it fairs on each of the criteria:
The Services index in Mooresville is 97.
The Groceries index in Mooresville is 101.
The Health index in Mooresville is 87.
The Housing index in Mooresville is 84.
The Transportation index in Mooresville is 96.
The Utilities index in Mooresville is 104.
| Living Expense | Mooresville | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 91 | 92 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 101 | 97 | 100 | |
| Health | 87 | 94 | 100 | |
| Housing | 84 | 73 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 104 | 107 | 100 | |
Mooresville, 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 2019-2023. The key points are:
The Median Home Value in Mooresville is $307,475.
The Median Rent in Mooresville is $1,045.
The Median Income in Mooresville is $70,228.
The Home Value To Income in Mooresville is 4.4x.
The Rent To Monthly Income in Mooresville is 0.18x.
| Statistic | Mooresville | Indiana | United States |
|---|---|---|---|
| Median Home Value | $307,475 | $251,301 | $303,400 |
| Median Rent | $1,045 | $1,020 | $1,348 |
| Median Income | $70,228 | $70,051 | $78,538 |
| Home Value To Income | 4.4x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Mooresville, IN Costs By Category
Detailed Mooresville Services Costs Vs. Indiana
| Item | Mooresville | 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 Mooresville Groceries Costs Vs. Indiana
| Item | Mooresville | 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 Mooresville Health Costs Vs. Indiana
| Item | Mooresville | Indiana |
|---|---|---|
| Optometrist | $73.37 | $125.68 |
| Doctor | $99.19 | $135.78 |
| Dentist | $109.26 | $113.29 |
Detailed Mooresville Transportation Costs Vs. Indiana
| Item | Mooresville | Indiana |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $54.63 | $59.92 |
Detailed Mooresville Utilities Costs Vs. Indiana
| Item | Mooresville | Indiana |
|---|---|---|
| All Electricity | $207.03 | $193.99 |
| Phone | $190.02 | $192.25 |
Mooresville SnackAbility
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Cost Of Living In Cities Around Mooresville
The cost of living varies in the cities and towns around Mooresville. 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 Mooresville.
Greenwood, IN has a cost of living index of 99, 1.1x Mooresville.
Plainfield, IN has a cost of living index of 100, 1.1x Mooresville.
| City | Population | Cost Of Living | Vs. Mooresville |
|---|---|---|---|
| Indianapolis, IN | 882,043 | 94 | 1.0x |
| Greenwood, IN | 64,237 | 99 | 1.1x |
| Plainfield, IN | 35,783 | 100 | 1.1x |
| Brownsburg, IN | 30,310 | 101 | 1.1x |
| Franklin, IN | 25,999 | 93 | 1.0x |
| Avon, IN | 22,683 | 102 | 1.1x |
| Beech Grove, IN | 15,082 | 87 | 1.0x |
| Martinsville, IN | 11,913 | 88 | 1.0x |
| Danville, IN | 11,049 | 98 | 1.1x |
| Bargersville, IN | 10,163 | 106 | 1.2x |
