Cost of living in Terre Haute 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 Terre Haute 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 Terre Haute is 84, with 100 being the average.
The cost of living index in Terre Haute is 0.8x lower than the national average.
Terre Haute ranks as the #31 cheapest in Indiana out of 124.
Terre Haute ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Terre Haute is $87,500.
The median income in Terre Haute is $38,750.
According to the most recent data on the cost of living, Terre Haute has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Indiana, Terre Haute has a cost of living index that's 0.9x lower than Indiana's index of 91.
The standard of living in Terre Haute ranks as #31 most affordable out of the 124 places we measured in Indiana. By definition, that implies Terre Haute ranks as the #93 most expensive place in the Hoosier State.
For more reading on life in Terre Haute, check out:
Six factors go into calculating the cost of living index in Terre Haute. Here is how it fairs on each of the criteria:
The Services index in Terre Haute is 96.
The Groceries index in Terre Haute is 90.
The Health index in Terre Haute is 97.
The Housing index in Terre Haute is 51.
The Transportation index in Terre Haute is 108.
The Utilities index in Terre Haute is 104.
Living Expense | Terre Haute | Indiana | National Average | |
---|---|---|---|---|
Overall | 84 | 91 | 100 | |
Services | 96 | 94 | 100 | |
Groceries | 90 | 96 | 100 | |
Health | 97 | 101 | 100 | |
Housing | 51 | 77 | 100 | |
Transportation | 108 | 95 | 100 | |
Utilities | 104 | 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 Terre Haute is $87,500.
The Median Rent in Terre Haute is $783.
The Median Income in Terre Haute is $38,750.
The Home Value To Income in Terre Haute is 2.3x.
The Rent To Monthly Income in Terre Haute is 0.24x.
Statistic | Terre Haute | Indiana | United States |
---|---|---|---|
Median Home Value | $87,500 | $158,500 | $244,900 |
Median Rent | $783 | $891 | $1,163 |
Median Income | $38,750 | $61,944 | $69,021 |
Home Value To Income | 2.3x | 2.6x | 3.5x |
Rent To Monthly Income | 0.24x | 0.17x | 0.2x |
Item | Terre Haute | Indiana |
---|---|---|
Shampoo | $0.94 | $1.06 |
Movie | $6.98 | $10.68 |
Bowling | $8.03 | $14.67 |
Haircut | $14.59 | $18.62 |
Beauty Salon | $35.16 | $39.05 |
Item | Terre Haute | Indiana |
---|---|---|
Ground Beef | $4.7 | $4.22 |
Fried Chicken | $1.05 | $1.39 |
Milk | $1.82 | $2.05 |
Potatoes | $3.59 | $3.29 |
Pizza | $10.52 | $10.62 |
Beer | $8.31 | $9.38 |
Toothpaste | $2.33 | $2.34 |
Item | Terre Haute | Indiana |
---|---|---|
Optometrist | $106.67 | $108.57 |
Doctor | $140.0 | $116.17 |
Dentist | $73.0 | $99.13 |
Item | Terre Haute | Indiana |
---|---|---|
Gasoline | $2.29 | $2.22 |
Tire Balancing | $57.67 | $50.07 |
Item | Terre Haute | Indiana |
---|---|---|
All Electricity | $166.43 | $167.67 |
Phone | $191.29 | $175.64 |
The cost of living varies in the cities and towns around Terre Haute. Here's a quick look at the cost of living in the most populous nearby places:
Danville, IL has a cost of living index of 82, 1.0x Terre Haute.
Charleston, IL has a cost of living index of 83, 1.0x Terre Haute.
Crawfordsville, IN has a cost of living index of 86, 1.0x Terre Haute.
City | Population | Cost Of Living | Vs. Terre Haute |
---|---|---|---|
Danville, IL | 29,534 | 82 | 1.0x |
Charleston, IL | 18,130 | 83 | 1.0x |
Crawfordsville, IN | 16,279 | 86 | 1.0x |
Greencastle, IN | 9,980 | 87 | 1.0x |
Paris, IL | 8,553 | 82 | 1.0x |
Brazil, IN | 8,320 | 86 | 1.0x |
Robinson, IL | 7,264 | 86 | 1.0x |
Ellettsville, IN | 6,559 | 92 | 1.1x |
Linton, IN | 5,155 | 82 | 1.0x |