Cost of living in Tell 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 Tell 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 Tell City is 83, with 100 being the average.
The cost of living index in Tell City is 0.8x lower than the national average.
Tell City ranks as the #23 cheapest in Indiana out of 124.
Tell City ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Tell City is $103,800.
The median income in Tell City is $46,875.
According to the most recent data on the cost of living, Tell City has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Indiana, Tell City has a cost of living index that's 0.9x lower than Indiana's index of 91.
The standard of living in Tell City ranks as #23 most affordable out of the 124 places we measured in Indiana. By definition, that implies Tell City ranks as the #101 most expensive place in the Hoosier State.
For more reading on life in Tell City, check out:
Six factors go into calculating the cost of living index in Tell City. Here is how it fairs on each of the criteria:
The Services index in Tell City is 95.
The Groceries index in Tell City is 95.
The Health index in Tell City is 93.
The Housing index in Tell City is 52.
The Transportation index in Tell City is 98.
The Utilities index in Tell City is 114.
Living Expense | Tell City | Indiana | National Average | |
---|---|---|---|---|
Overall | 83 | 91 | 100 | |
Services | 95 | 94 | 100 | |
Groceries | 95 | 96 | 100 | |
Health | 93 | 101 | 100 | |
Housing | 52 | 77 | 100 | |
Transportation | 98 | 95 | 100 | |
Utilities | 114 | 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 Tell City is $103,800.
The Median Rent in Tell City is $550.
The Median Income in Tell City is $46,875.
The Home Value To Income in Tell City is 2.2x.
The Rent To Monthly Income in Tell City is 0.14x.
Statistic | Tell City | Indiana | United States |
---|---|---|---|
Median Home Value | $103,800 | $158,500 | $244,900 |
Median Rent | $550 | $891 | $1,163 |
Median Income | $46,875 | $61,944 | $69,021 |
Home Value To Income | 2.2x | 2.6x | 3.5x |
Rent To Monthly Income | 0.14x | 0.17x | 0.2x |