Speedway, IN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
88
Speedway's Overall Cost Of Living
0.9x
Lower Than The National Average
62 out of 124
In Indiana
1,278 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Speedway is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Speedway, IN?

According to the most recent data on the cost of living, Speedway has an overall cost of living index of 88 which is 0.9x lower than the national index of 100.

Compared to only Indiana, Speedway has a cost of living index that's 1.0x higher than Indiana's index of 86.

The standard of living in Speedway ranks as #1,278 most affordable out of the 6,418 places we measured in Indiana. By definition, that implies Speedway ranks as the #5,140 most expensive place in the Hoosier State.

For more reading on life in Speedway, check out:

Speedway Cost Of Living Vs. Indiana

Living Expense Speedway Indiana National Average
Overall 88 86 100
Services 95 93 100
Groceries 94 93 100
Health 89 94 100
Housing 65 74 100
Transportation 91 95 100
Utilities 104 96 100
For more reading on cost of living around Indiana, check out:
Speedway Cost of Living Vs. IN

Speedway, IN Housing Cost Breakdown

Housing swings affordability the most between places in Indiana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$131,900
Median Home Value
$893
Median Rent
$46,863
Median Income
Statistic Speedway Indiana United States
Median Home Value $131,900 $148,900 $229,800
Median Rent $893 $844 $1,096
Median Income $46,863 $58,235 $64,994
Home Value To Income 2.8x 2.6x 3.5x
Rent To Monthly Income 0.23x 0.17x 0.2x

Detailed Speedway Services Costs Vs. Indiana

Item Speedway Indiana
Shampoo $1.03 $1.06
Movie $11.27 $10.68
Bowling $16.9 $14.67

Detailed Speedway Groceries Costs Vs. Indiana

Item Speedway Indiana
Ground Beef $4.16 $4.22
Fried Chicken $1.37 $1.39
Milk $1.68 $2.05

Detailed Speedway Health Costs Vs. Indiana

Item Speedway Indiana
Haircut $17.8 $18.62
Beauty Salon $37.63 $39.05
Toothpaste $2.02 $2.34

Detailed Speedway Transportation Costs Vs. Indiana

Item Speedway Indiana
Potatoes $2.69 $3.29
Pizza $10.99 $10.62
Beer $8.71 $9.38
Optometrist $65.9 $108.57
Doctor $88.25 $116.17
Dentist $92.92 $99.13

Detailed Speedway Utilities Costs Vs. Indiana

Item Speedway Indiana
Gasoline $2.12 $2.22
Tire Balancing $40.89 $50.07
All Electricity $171.81 $167.67
Phone $184.27 $175.64

Speedway SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
7
Affordability
6
Diversity
9
Safety
N/A
Amenities
8.5
Education
8
Commute
8

Cost Of Living In Cities Around Speedway

City Population Cost Of Living Vs. Speedway
Indianapolis, IN 869,387 88 1.0x
Carmel, IN 99,130 114 1.3x
Greenwood, IN 58,784 92 1.0x
Lawrence, IN 49,020 87 1.0x
Westfield, IN 41,652 103 1.2x
Zionsville, IN 28,035 118 1.3x
Brownsburg, IN 26,560 95 1.1x
Avon, IN 18,056 99 1.1x
Danville, IN 10,380 92 1.0x
New Whiteland, IN 6,178 91 1.0x

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