Noblesville, IN Cost Of Living
Cost Of Living In Noblesville, IN Summary
Cost of living in Noblesville 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 Noblesville 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 Noblesville is 98, with 100 being the average.
The cost of living index in Noblesville is 1.0x lower than the national average.
Noblesville ranks as the #101 cheapest in Indiana out of 124.
Noblesville ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Noblesville is $244,900.
The median income in Noblesville is $89,258.
Table Of Contents
Noblesville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Noblesville, IN?
According to the most recent data on the cost of living, Noblesville has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Indiana, Noblesville has a cost of living index that's 1.1x higher than Indiana's index of 91.
The standard of living in Noblesville ranks as #101 most affordable out of the 124 places we measured in Indiana. By definition, that implies Noblesville ranks as the #23 most expensive place in the Hoosier State.
For more reading on life in Noblesville, check out:
- Living In Noblesville
- Noblesville Crime Report
- Search Homes For Sale In Noblesville, IN
In Indiana
In America
Noblesville Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Noblesville. Here is how it fairs on each of the criteria:
The Services index in Noblesville is 98.
The Groceries index in Noblesville is 95.
The Health index in Noblesville is 89.
The Housing index in Noblesville is 99.
The Transportation index in Noblesville is 92.
The Utilities index in Noblesville is 104.
| Living Expense | Noblesville | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 98 | 91 | 100 | |
| Services | 98 | 94 | 100 | |
| Groceries | 95 | 96 | 100 | |
| Health | 89 | 101 | 100 | |
| Housing | 99 | 77 | 100 | |
| Transportation | 92 | 95 | 100 | |
| Utilities | 104 | 106 | 100 | |
Noblesville, 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 Noblesville is $244,900.
The Median Rent in Noblesville is $1,114.
The Median Income in Noblesville is $89,258.
The Home Value To Income in Noblesville is 2.7x.
The Rent To Monthly Income in Noblesville is 0.15x.
| Statistic | Noblesville | Indiana | United States |
|---|---|---|---|
| Median Home Value | $244,900 | $158,500 | $244,900 |
| Median Rent | $1,114 | $891 | $1,163 |
| Median Income | $89,258 | $61,944 | $69,021 |
| Home Value To Income | 2.7x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Noblesville, IN Costs By Category
Detailed Noblesville Services Costs Vs. Indiana
| Item | Noblesville | Indiana |
|---|---|---|
| Shampoo | $1.03 | $1.06 |
| Movie | $11.27 | $10.68 |
| Bowling | $16.9 | $14.67 |
| Haircut | $17.8 | $18.62 |
| Beauty Salon | $37.63 | $39.05 |
Detailed Noblesville Groceries Costs Vs. Indiana
| Item | Noblesville | Indiana |
|---|---|---|
| Ground Beef | $4.16 | $4.22 |
| Fried Chicken | $1.37 | $1.39 |
| Milk | $1.68 | $2.05 |
| Potatoes | $2.69 | $3.29 |
| Pizza | $10.99 | $10.62 |
| Beer | $8.71 | $9.38 |
| Toothpaste | $2.02 | $2.34 |
Detailed Noblesville Health Costs Vs. Indiana
| Item | Noblesville | Indiana |
|---|---|---|
| Optometrist | $65.9 | $108.57 |
| Doctor | $88.25 | $116.17 |
| Dentist | $92.92 | $99.13 |
Detailed Noblesville Transportation Costs Vs. Indiana
| Item | Noblesville | Indiana |
|---|---|---|
| Gasoline | $2.12 | $2.22 |
| Tire Balancing | $40.89 | $50.07 |
Detailed Noblesville Utilities Costs Vs. Indiana
| Item | Noblesville | Indiana |
|---|---|---|
| All Electricity | $171.81 | $167.67 |
| Phone | $184.27 | $175.64 |
Noblesville SnackAbility
/10
Cost Of Living In Cities Around Noblesville
The cost of living varies in the cities and towns around Noblesville. 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 Noblesville.
Carmel, IN has a cost of living index of 114, 1.2x Noblesville.
Anderson, IN has a cost of living index of 83, 0.8x Noblesville.
| City | Population | Cost Of Living | Vs. Noblesville |
|---|---|---|---|
| Indianapolis, IN | 880,104 | 88 | 0.9x |
| Carmel, IN | 98,137 | 114 | 1.2x |
| Anderson, IN | 54,459 | 83 | 0.8x |
| Lawrence, IN | 49,048 | 87 | 0.9x |
| Westfield, IN | 45,695 | 103 | 1.1x |
| Zionsville, IN | 30,258 | 118 | 1.2x |
| McCordsville, IN | 8,629 | 101 | 1.0x |
| Elwood, IN | 8,295 | 77 | 0.8x |
| Cumberland, IN | 5,860 | 93 | 0.9x |
