Cost of living in Hartford City 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 Hartford City 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 Hartford City is 76, with 100 being the average.
The cost of living index in Hartford City is 0.8x lower than the national average.
Hartford City ranks as the #4 cheapest in Indiana out of 124.
Hartford City ranks as the #54 cheapest out of 6,412 in the US.
The median home value in Hartford City is $61,600.
The median income in Hartford City is $32,290.
According to the most recent data on the cost of living, Hartford City has an overall cost of living index of 76, which is 0.8x lower than the national index of 100.
Compared to Indiana, Hartford City has a cost of living index that's 0.8x lower than Indiana's index of 91.
The standard of living in Hartford City ranks as #4 most affordable out of the 124 places we measured in Indiana. By definition, that implies Hartford City ranks as the #120 most expensive place in the Hoosier State.
For more reading on life in Hartford City, check out:
Six factors go into calculating the cost of living index in Hartford City. Here is how it fairs on each of the criteria:
The Services index in Hartford City is 85.
The Groceries index in Hartford City is 87.
The Health index in Hartford City is 101.
The Housing index in Hartford City is 41.
The Transportation index in Hartford City is 93.
The Utilities index in Hartford City is 95.
Living Expense | Hartford City | Indiana | National Average | |
---|---|---|---|---|
Overall | 76 | 91 | 100 | |
Services | 85 | 94 | 100 | |
Groceries | 87 | 96 | 100 | |
Health | 101 | 101 | 100 | |
Housing | 41 | 77 | 100 | |
Transportation | 93 | 95 | 100 | |
Utilities | 95 | 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 Hartford City is $61,600.
The Median Rent in Hartford City is $577.
The Median Income in Hartford City is $32,290.
The Home Value To Income in Hartford City is 1.9x.
The Rent To Monthly Income in Hartford City is 0.21x.
Statistic | Hartford City | Indiana | United States |
---|---|---|---|
Median Home Value | $61,600 | $158,500 | $244,900 |
Median Rent | $577 | $891 | $1,163 |
Median Income | $32,290 | $61,944 | $69,021 |
Home Value To Income | 1.9x | 2.6x | 3.5x |
Rent To Monthly Income | 0.21x | 0.17x | 0.2x |
Item | Hartford City | Indiana |
---|---|---|
Shampoo | $0.92 | $1.06 |
Movie | $5.99 | $10.68 |
Bowling | $10.0 | $14.67 |
Haircut | $16.99 | $18.62 |
Beauty Salon | $26.66 | $39.05 |
Item | Hartford City | Indiana |
---|---|---|
Ground Beef | $3.5 | $4.22 |
Fried Chicken | $1.42 | $1.39 |
Milk | $1.12 | $2.05 |
Potatoes | $2.8 | $3.29 |
Pizza | $9.99 | $10.62 |
Beer | $8.71 | $9.38 |
Toothpaste | $2.37 | $2.34 |
Item | Hartford City | Indiana |
---|---|---|
Optometrist | $138.0 | $108.57 |
Doctor | $112.78 | $116.17 |
Dentist | $95.67 | $99.13 |
Item | Hartford City | Indiana |
---|---|---|
Gasoline | $2.22 | $2.22 |
Tire Balancing | $40.73 | $50.07 |
Item | Hartford City | Indiana |
---|---|---|
All Electricity | $156.13 | $167.67 |
Phone | $184.27 | $175.64 |