Bright, IN Cost Of Living
Cost Of Living In Bright, IN Summary
Cost of living in Bright 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 Bright 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 Bright is 94, with 100 being the average.
The cost of living index in Bright is 0.9x lower than the national average.
Bright ranks as the #90 cheapest in Indiana out of 124.
Bright ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Bright is $204,500.
The median income in Bright is $93,382.
Table Of Contents
Bright's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Bright, IN?
According to the most recent data on the cost of living, Bright has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Indiana, Bright has a cost of living index that's 1.0x higher than Indiana's index of 91.
The standard of living in Bright ranks as #90 most affordable out of the 124 places we measured in Indiana. By definition, that implies Bright ranks as the #34 most expensive place in the Hoosier State.
For more reading on life in Bright, check out:
- Living In Bright
- Search Homes For Sale In Bright, IN
In Indiana
In America
Bright Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Bright. Here is how it fairs on each of the criteria:
The Services index in Bright is 100.
The Groceries index in Bright is 97.
The Health index in Bright is 100.
The Housing index in Bright is 88.
The Transportation index in Bright is 108.
The Utilities index in Bright is 89.
| Living Expense | Bright | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 94 | 91 | 100 | |
| Services | 100 | 94 | 100 | |
| Groceries | 97 | 96 | 100 | |
| Health | 100 | 101 | 100 | |
| Housing | 88 | 77 | 100 | |
| Transportation | 108 | 95 | 100 | |
| Utilities | 89 | 106 | 100 | |
Bright, 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 2017-2021. The key points are:
The Median Home Value in Bright is $204,500.
The Median Rent in Bright is $731.
The Median Income in Bright is $93,382.
The Home Value To Income in Bright is 2.2x.
The Rent To Monthly Income in Bright is 0.09x.
| Statistic | Bright | Indiana | United States |
|---|---|---|---|
| Median Home Value | $204,500 | $158,500 | $244,900 |
| Median Rent | $731 | $891 | $1,163 |
| Median Income | $93,382 | $61,944 | $69,021 |
| Home Value To Income | 2.2x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.09x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Bright, IN Costs By Category
Detailed Bright Services Costs Vs. Indiana
Detailed Bright Groceries Costs Vs. Indiana
Detailed Bright Health Costs Vs. Indiana
Detailed Bright Transportation Costs Vs. Indiana
Detailed Bright Utilities Costs Vs. Indiana
Bright SnackAbility
/10
Cost Of Living In Cities Around Bright
The cost of living varies in the cities and towns around Bright. Here's a quick look at the cost of living in the most populous nearby places:
White Oak, OH has a cost of living index of 89, 0.9x Bright.
Finneytown, OH has a cost of living index of 92, 1.0x Bright.
Bridgetown, OH has a cost of living index of 90, 1.0x Bright.
| City | Population | Cost Of Living | Vs. Bright |
|---|---|---|---|
| White Oak, OH | 19,123 | 89 | 0.9x |
| Finneytown, OH | 13,271 | 92 | 1.0x |
| Bridgetown, OH | 13,257 | 90 | 1.0x |
| Monfort Heights, OH | 13,221 | 98 | 1.0x |
| Harrison, OH | 12,801 | 91 | 1.0x |
| Mack, OH | 11,452 | 104 | 1.1x |
| Dent, OH | 11,069 | 96 | 1.0x |
| Covedale, OH | 6,646 | 97 | 1.0x |
| Northgate, OH | 6,215 | 92 | 1.0x |
| Hidden Valley, IN | 5,723 | 101 | 1.1x |
