Nappanee, IN Cost Of Living
Cost Of Living In Nappanee, IN Summary
Cost of living in Nappanee 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 Nappanee 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 Nappanee is 83, with 100 being the average.
The cost of living index in Nappanee is 0.8x lower than the national average.
Nappanee ranks as the #23 cheapest in Indiana out of 124.
Nappanee ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Nappanee is $156,300.
The median income in Nappanee is $61,700.
Table Of Contents
Nappanee's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Nappanee, IN?
According to the most recent data on the cost of living, Nappanee has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Indiana, Nappanee has a cost of living index that's 0.9x lower than Indiana's index of 91.
The standard of living in Nappanee ranks as #23 most affordable out of the 124 places we measured in Indiana. By definition, that implies Nappanee ranks as the #101 most expensive place in the Hoosier State.
For more reading on life in Nappanee, check out:
- Living In Nappanee
- Nappanee Crime Report
- Search Homes For Sale In Nappanee, IN
In Indiana
In America
Nappanee Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Nappanee. Here is how it fairs on each of the criteria:
The Services index in Nappanee is 92.
The Groceries index in Nappanee is 95.
The Health index in Nappanee is 107.
The Housing index in Nappanee is 66.
The Transportation index in Nappanee is 95.
The Utilities index in Nappanee is 98.
| Living Expense | Nappanee | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 83 | 91 | 100 | |
| Services | 92 | 94 | 100 | |
| Groceries | 95 | 96 | 100 | |
| Health | 107 | 101 | 100 | |
| Housing | 66 | 77 | 100 | |
| Transportation | 95 | 95 | 100 | |
| Utilities | 98 | 106 | 100 | |
Nappanee, 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 Nappanee is $156,300.
The Median Rent in Nappanee is $784.
The Median Income in Nappanee is $61,700.
The Home Value To Income in Nappanee is 2.5x.
The Rent To Monthly Income in Nappanee is 0.15x.
| Statistic | Nappanee | Indiana | United States |
|---|---|---|---|
| Median Home Value | $156,300 | $158,500 | $244,900 |
| Median Rent | $784 | $891 | $1,163 |
| Median Income | $61,700 | $61,944 | $69,021 |
| Home Value To Income | 2.5x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Nappanee, IN Costs By Category
Detailed Nappanee Services Costs Vs. Indiana
Detailed Nappanee Groceries Costs Vs. Indiana
Detailed Nappanee Health Costs Vs. Indiana
Detailed Nappanee Transportation Costs Vs. Indiana
Detailed Nappanee Utilities Costs Vs. Indiana
Nappanee SnackAbility
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Cost Of Living In Cities Around Nappanee
The cost of living varies in the cities and towns around Nappanee. Here's a quick look at the cost of living in the most populous nearby places:
Elkhart, IN has a cost of living index of 83, 1.0x Nappanee.
Mishawaka, IN has a cost of living index of 87, 1.0x Nappanee.
Goshen, IN has a cost of living index of 87, 1.0x Nappanee.
| City | Population | Cost Of Living | Vs. Nappanee |
|---|---|---|---|
| Elkhart, IN | 53,838 | 83 | 1.0x |
| Mishawaka, IN | 50,823 | 87 | 1.0x |
| Goshen, IN | 34,792 | 87 | 1.0x |
| Warsaw, IN | 15,905 | 86 | 1.0x |
| Dunlap, IN | 7,097 | 88 | 1.1x |
