According to the most recent data on the cost of living, Tipton has an overall cost of living index of 81 which is 0.8x lower than the national index of 100.
Compared to only Indiana, Tipton has a cost of living index that's 0.9x lower than Indiana's index of 89.
The standard of living in Tipton ranks as #305 most affordable out of the 6,522 places we measured in Indiana. By definition, that implies Tipton ranks as the #6,102 most expensive place in the Hoosier State.
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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.