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 92, which is 0.9x lower than the national index of 100.
Compared to Indiana, Speedway has a cost of living index that's 1.0x higher than Indiana's index of 90.
The standard of living in Speedway ranks as #80 most affordable out of the 129 places we measured in Indiana. By definition, that implies Speedway ranks as the #49 most expensive place in the Hoosier State.
For more reading on life in Speedway, check out:
Speedway Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Speedway. Here is how it fares on each of the criteria:
The Services index in Speedway is 98.
The Groceries index in Speedway is 97.
The Health index in Speedway is 82.
The Housing index in Speedway is 100.
The Transportation index in Speedway is 98.
The Utilities index in Speedway is 95.
| Living Expense | Speedway | Indiana | National Average |
|---|---|---|---|
| Overall | 92 | 90 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 97 | 95 | 100 |
| Health | 82 | 72 | 100 |
| Housing | 100 | 98 | 100 |
| Transportation | 98 | 94 | 100 |
| Utilities | 95 | 96 | 100 |
Speedway 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 Speedway Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Speedway, 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 Speedway is $236,684.
The Median Rent in Speedway is $1,141.
The Median Income in Speedway is $60,147.
The Home Value To Income in Speedway is 3.9x.
The Rent To Monthly Income in Speedway is 0.23x.
Speedway, IN Costs By Category
Detailed Speedway Services costs vs. Indiana
Detailed Speedway Groceries costs vs. Indiana
Detailed Speedway Health costs vs. Indiana
Detailed Speedway Transportation costs vs. Indiana
Speedway SnackAbility
Cost Of Living In Cities Around Speedway
The cost of living varies in the cities and towns around Speedway. 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 Speedway.
Carmel, IN has a cost of living index of 117, 1.3x Speedway.
Greenwood, IN has a cost of living index of 96, 1.0x Speedway.
| City | Population | Cost Of Living | Vs. Speedway |
|---|---|---|---|
| Indianapolis, IN | 885,860 | 94 | 1.0x |
| Carmel, IN | 101,651 | 117 | 1.3x |
| Greenwood, IN | 66,029 | 96 | 1.0x |
| Westfield, IN | 54,677 | 112 | 1.2x |
| Lawrence, IN | 49,517 | 95 | 1.0x |
| Zionsville, IN | 32,095 | 122 | 1.3x |
| Brownsburg, IN | 31,215 | 102 | 1.1x |
| Avon, IN | 23,437 | 103 | 1.1x |
| Danville, IN | 11,714 | 95 | 1.0x |
| Cumberland, IN | 6,267 | 97 | 1.1x |
