Cost of living in North Manchester 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 North Manchester 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 North Manchester is 85, with 100 being the average.
The cost of living index in North Manchester is 0.8x lower than the national average.
North Manchester ranks as the #40 cheapest in Indiana out of 124.
North Manchester ranks as the #777 cheapest out of 6,412 in the US.
The median home value in North Manchester is $116,800.
The median income in North Manchester is $60,745.
According to the most recent data on the cost of living, North Manchester has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Indiana, North Manchester has a cost of living index that's 0.9x lower than Indiana's index of 91.
The standard of living in North Manchester ranks as #40 most affordable out of the 124 places we measured in Indiana. By definition, that implies North Manchester ranks as the #84 most expensive place in the Hoosier State.
For more reading on life in North Manchester, check out:
Six factors go into calculating the cost of living index in North Manchester. Here is how it fairs on each of the criteria:
The Services index in North Manchester is 100.
The Groceries index in North Manchester is 86.
The Health index in North Manchester is 98.
The Housing index in North Manchester is 55.
The Transportation index in North Manchester is 107.
The Utilities index in North Manchester is 94.
Living Expense | North Manchester | Indiana | National Average | |
---|---|---|---|---|
Overall | 85 | 91 | 100 | |
Services | 100 | 94 | 100 | |
Groceries | 86 | 96 | 100 | |
Health | 98 | 101 | 100 | |
Housing | 55 | 77 | 100 | |
Transportation | 107 | 95 | 100 | |
Utilities | 94 | 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 North Manchester is $116,800.
The Median Rent in North Manchester is $818.
The Median Income in North Manchester is $60,745.
The Home Value To Income in North Manchester is 1.9x.
The Rent To Monthly Income in North Manchester is 0.16x.
Statistic | North Manchester | Indiana | United States |
---|---|---|---|
Median Home Value | $116,800 | $158,500 | $244,900 |
Median Rent | $818 | $891 | $1,163 |
Median Income | $60,745 | $61,944 | $69,021 |
Home Value To Income | 1.9x | 2.6x | 3.5x |
Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Item | North Manchester | Indiana |
---|---|---|
Shampoo | $0.92 | $1.06 |
Movie | $11.2 | $10.68 |
Bowling | $15.0 | $14.67 |
Haircut | $21.11 | $18.62 |
Beauty Salon | $33.0 | $39.05 |
Item | North Manchester | Indiana |
---|---|---|
Ground Beef | $4.37 | $4.22 |
Fried Chicken | $1.07 | $1.39 |
Milk | $1.31 | $2.05 |
Potatoes | $2.45 | $3.29 |
Pizza | $10.49 | $10.62 |
Beer | $8.65 | $9.38 |
Toothpaste | $1.67 | $2.34 |
Item | North Manchester | Indiana |
---|---|---|
Optometrist | $89.56 | $108.57 |
Doctor | $129.5 | $116.17 |
Dentist | $94.17 | $99.13 |
Item | North Manchester | Indiana |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $54.95 | $50.07 |
Item | North Manchester | Indiana |
---|---|---|
All Electricity | $144.19 | $167.67 |
Phone | $184.27 | $175.64 |
The cost of living varies in the cities and towns around North Manchester. Here's a quick look at the cost of living in the most populous nearby places:
Fort Wayne, IN has a cost of living index of 84, 1.0x North Manchester.
Goshen, IN has a cost of living index of 87, 1.0x North Manchester.
Huntington, IN has a cost of living index of 83, 1.0x North Manchester.
City | Population | Cost Of Living | Vs. North Manchester |
---|---|---|---|
Fort Wayne, IN | 262,676 | 84 | 1.0x |
Goshen, IN | 34,792 | 87 | 1.0x |
Huntington, IN | 17,018 | 83 | 1.0x |
New Haven, IN | 15,922 | 84 | 1.0x |
Warsaw, IN | 15,905 | 86 | 1.0x |
Auburn, IN | 13,281 | 85 | 1.0x |
Decatur, IN | 9,630 | 84 | 1.0x |
Nappanee, IN | 7,132 | 83 | 1.0x |
Dunlap, IN | 7,097 | 88 | 1.0x |
Garrett, IN | 6,592 | 84 | 1.0x |