Cost of living in Seymour 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 Seymour 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 Seymour is 92, with 100 being the average.
The cost of living index in Seymour is 0.9x lower than the national average.
Seymour ranks as the #83 cheapest in Indiana out of 124.
Seymour ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Seymour is $119,800.
The median income in Seymour is $47,949.
According to the most recent data on the cost of living, Seymour has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Indiana, Seymour has a cost of living index that's 1.0x higher than Indiana's index of 91.
The standard of living in Seymour ranks as #83 most affordable out of the 124 places we measured in Indiana. By definition, that implies Seymour ranks as the #41 most expensive place in the Hoosier State.
For more reading on life in Seymour, check out:
Six factors go into calculating the cost of living index in Seymour. Here is how it fairs on each of the criteria:
The Services index in Seymour is 105.
The Groceries index in Seymour is 97.
The Health index in Seymour is 99.
The Housing index in Seymour is 63.
The Transportation index in Seymour is 99.
The Utilities index in Seymour is 93.
Living Expense | Seymour | Indiana | National Average | |
---|---|---|---|---|
Overall | 92 | 91 | 100 | |
Services | 105 | 94 | 100 | |
Groceries | 97 | 96 | 100 | |
Health | 99 | 101 | 100 | |
Housing | 63 | 77 | 100 | |
Transportation | 99 | 95 | 100 | |
Utilities | 93 | 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 Seymour is $119,800.
The Median Rent in Seymour is $829.
The Median Income in Seymour is $47,949.
The Home Value To Income in Seymour is 2.5x.
The Rent To Monthly Income in Seymour is 0.21x.
Statistic | Seymour | Indiana | United States |
---|---|---|---|
Median Home Value | $119,800 | $158,500 | $244,900 |
Median Rent | $829 | $891 | $1,163 |
Median Income | $47,949 | $61,944 | $69,021 |
Home Value To Income | 2.5x | 2.6x | 3.5x |
Rent To Monthly Income | 0.21x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Seymour. Here's a quick look at the cost of living in the most populous nearby places:
Columbus, IN has a cost of living index of 96, 1.0x Seymour.
Georgetown, KY has a cost of living index of 92, 1.0x Seymour.
Elizabethtown, KY has a cost of living index of 98, 1.1x Seymour.
City | Population | Cost Of Living | Vs. Seymour |
---|---|---|---|
Columbus, IN | 50,718 | 96 | 1.0x |
Georgetown, KY | 36,281 | 92 | 1.0x |
Elizabethtown, KY | 31,066 | 98 | 1.1x |
La Grange, KY | 9,901 | 96 | 1.0x |
North Vernon, IN | 6,836 | 88 | 1.0x |
Crestwood, KY | 6,046 | 108 | 1.2x |
New Whiteland, IN | 5,565 | 91 | 1.0x |
Buckner, KY | 5,435 | 120 | 1.3x |