Cost of living in Plymouth 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 Plymouth 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 Plymouth is 86, with 100 being the average.
The cost of living index in Plymouth is 0.9x lower than the national average.
Plymouth ranks as the #48 cheapest in Indiana out of 124.
Plymouth ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Plymouth is $99,500.
The median income in Plymouth is $45,159.
According to the most recent data on the cost of living, Plymouth has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Indiana, Plymouth has a cost of living index that's 0.9x lower than Indiana's index of 91.
The standard of living in Plymouth ranks as #48 most affordable out of the 124 places we measured in Indiana. By definition, that implies Plymouth ranks as the #76 most expensive place in the Hoosier State.
For more reading on life in Plymouth, check out:
Six factors go into calculating the cost of living index in Plymouth. Here is how it fairs on each of the criteria:
The Services index in Plymouth is 101.
The Groceries index in Plymouth is 90.
The Health index in Plymouth is 96.
The Housing index in Plymouth is 52.
The Transportation index in Plymouth is 91.
The Utilities index in Plymouth is 93.
Living Expense | Plymouth | Indiana | National Average | |
---|---|---|---|---|
Overall | 86 | 91 | 100 | |
Services | 101 | 94 | 100 | |
Groceries | 90 | 96 | 100 | |
Health | 96 | 101 | 100 | |
Housing | 52 | 77 | 100 | |
Transportation | 91 | 95 | 100 | |
Utilities | 93 | 106 | 100 |
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 Plymouth is $99,500.
The Median Rent in Plymouth is $846.
The Median Income in Plymouth is $45,159.
The Home Value To Income in Plymouth is 2.2x.
The Rent To Monthly Income in Plymouth is 0.22x.
Statistic | Plymouth | Indiana | United States |
---|---|---|---|
Median Home Value | $99,500 | $158,500 | $244,900 |
Median Rent | $846 | $891 | $1,163 |
Median Income | $45,159 | $61,944 | $69,021 |
Home Value To Income | 2.2x | 2.6x | 3.5x |
Rent To Monthly Income | 0.22x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Plymouth. Here's a quick look at the cost of living in the most populous nearby places:
Goshen, IN has a cost of living index of 87, 1.0x Plymouth.
Valparaiso, IN has a cost of living index of 103, 1.2x Plymouth.
Granger, IN has a cost of living index of 105, 1.2x Plymouth.
City | Population | Cost Of Living | Vs. Plymouth |
---|---|---|---|
Goshen, IN | 34,792 | 87 | 1.0x |
Valparaiso, IN | 33,820 | 103 | 1.2x |
Granger, IN | 30,394 | 105 | 1.2x |
Warsaw, IN | 15,905 | 86 | 1.0x |
Chesterton, IN | 14,045 | 102 | 1.2x |
Lakes of the Four Seasons, IN | 7,453 | 109 | 1.3x |
Nappanee, IN | 7,132 | 83 | 1.0x |
Dunlap, IN | 7,097 | 88 | 1.0x |
Westville, IN | 6,062 | 81 | 0.9x |
North Manchester, IN | 5,269 | 85 | 1.0x |