Muncie, IN Cost Of Living
Cost Of Living In Muncie, IN Summary
Cost of living in Muncie 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 Muncie 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 Muncie is 76, with 100 being the average.
The cost of living index in Muncie is 0.8x lower than the national average.
Muncie ranks as the #4 cheapest in Indiana out of 124.
Muncie ranks as the #54 cheapest out of 6,412 in the US.
The median home value in Muncie is $78,100.
The median income in Muncie is $36,661.
Table Of Contents
Muncie's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Muncie, IN?
According to the most recent data on the cost of living, Muncie has an overall cost of living index of 76, which is 0.8x lower than the national index of 100.
Compared to Indiana, Muncie has a cost of living index that's 0.8x lower than Indiana's index of 91.
The standard of living in Muncie ranks as #4 most affordable out of the 124 places we measured in Indiana. By definition, that implies Muncie ranks as the #120 most expensive place in the Hoosier State.
For more reading on life in Muncie, check out:
- Living In Muncie
- Muncie Crime Report
- Search Homes For Sale In Muncie, IN
In Indiana
In America
Muncie Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Muncie. Here is how it fairs on each of the criteria:
The Services index in Muncie is 84.
The Groceries index in Muncie is 89.
The Health index in Muncie is 77.
The Housing index in Muncie is 49.
The Transportation index in Muncie is 99.
The Utilities index in Muncie is 89.
| Living Expense | Muncie | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 76 | 91 | 100 | |
| Services | 84 | 94 | 100 | |
| Groceries | 89 | 96 | 100 | |
| Health | 77 | 101 | 100 | |
| Housing | 49 | 77 | 100 | |
| Transportation | 99 | 95 | 100 | |
| Utilities | 89 | 106 | 100 | |
Muncie, 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 2017-2021. The key points are:
The Median Home Value in Muncie is $78,100.
The Median Rent in Muncie is $756.
The Median Income in Muncie is $36,661.
The Home Value To Income in Muncie is 2.1x.
The Rent To Monthly Income in Muncie is 0.25x.
| Statistic | Muncie | Indiana | United States |
|---|---|---|---|
| Median Home Value | $78,100 | $158,500 | $244,900 |
| Median Rent | $756 | $891 | $1,163 |
| Median Income | $36,661 | $61,944 | $69,021 |
| Home Value To Income | 2.1x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Muncie, IN Costs By Category
Detailed Muncie Services Costs Vs. Indiana
Detailed Muncie Groceries Costs Vs. Indiana
Detailed Muncie Health Costs Vs. Indiana
Detailed Muncie Transportation Costs Vs. Indiana
Detailed Muncie Utilities Costs Vs. Indiana
Muncie SnackAbility
/10
Cost Of Living In Cities Around Muncie
The cost of living varies in the cities and towns around Muncie. 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 114, 1.5x Muncie.
Noblesville, IN has a cost of living index of 98, 1.3x Muncie.
Lawrence, IN has a cost of living index of 87, 1.1x Muncie.
| City | Population | Cost Of Living | Vs. Muncie |
|---|---|---|---|
| Carmel, IN | 98,137 | 114 | 1.5x |
| Noblesville, IN | 68,885 | 98 | 1.3x |
| Lawrence, IN | 49,048 | 87 | 1.1x |
| Westfield, IN | 45,695 | 103 | 1.4x |
| Zionsville, IN | 30,258 | 118 | 1.6x |
| Greenville, OH | 12,785 | 77 | 1.0x |
| Middletown, KY | 9,473 | 103 | 1.4x |
| Union, KY | 7,227 | 112 | 1.5x |
| Union, OH | 6,832 | 89 | 1.2x |
