Cost of living in Avon 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 Avon 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 Avon is 99, with 100 being the average.
The cost of living index in Avon is 1.0x lower than the national average.
Avon ranks as the #104 cheapest in Indiana out of 124.
Avon ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Avon is $239,500.
The median income in Avon is $92,684.
According to the most recent data on the cost of living, Avon has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Indiana, Avon has a cost of living index that's 1.1x higher than Indiana's index of 91.
The standard of living in Avon ranks as #104 most affordable out of the 124 places we measured in Indiana. By definition, that implies Avon ranks as the #20 most expensive place in the Hoosier State.
For more reading on life in Avon, check out:
Six factors go into calculating the cost of living index in Avon. Here is how it fairs on each of the criteria:
The Services index in Avon is 97.
The Groceries index in Avon is 94.
The Health index in Avon is 89.
The Housing index in Avon is 101.
The Transportation index in Avon is 92.
The Utilities index in Avon is 103.
Living Expense | Avon | Indiana | National Average | |
---|---|---|---|---|
Overall | 99 | 91 | 100 | |
Services | 97 | 94 | 100 | |
Groceries | 94 | 96 | 100 | |
Health | 89 | 101 | 100 | |
Housing | 101 | 77 | 100 | |
Transportation | 92 | 95 | 100 | |
Utilities | 103 | 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 Avon is $239,500.
The Median Rent in Avon is $1,329.
The Median Income in Avon is $92,684.
The Home Value To Income in Avon is 2.6x.
The Rent To Monthly Income in Avon is 0.17x.
Statistic | Avon | Indiana | United States |
---|---|---|---|
Median Home Value | $239,500 | $158,500 | $244,900 |
Median Rent | $1,329 | $891 | $1,163 |
Median Income | $92,684 | $61,944 | $69,021 |
Home Value To Income | 2.6x | 2.6x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Avon. 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 88, 0.9x Avon.
Carmel, IN has a cost of living index of 114, 1.2x Avon.
Greenwood, IN has a cost of living index of 92, 0.9x Avon.
City | Population | Cost Of Living | Vs. Avon |
---|---|---|---|
Indianapolis, IN | 880,104 | 88 | 0.9x |
Carmel, IN | 98,137 | 114 | 1.2x |
Greenwood, IN | 62,914 | 92 | 0.9x |
Plainfield, IN | 34,311 | 95 | 1.0x |
Zionsville, IN | 30,258 | 118 | 1.2x |
Brownsburg, IN | 28,420 | 95 | 1.0x |
Beech Grove, IN | 15,202 | 86 | 0.9x |
Speedway, IN | 13,613 | 88 | 0.9x |
Danville, IN | 10,424 | 92 | 0.9x |
Mooresville, IN | 9,429 | 89 | 0.9x |