Cost of living in Zionsville 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 Zionsville 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 Zionsville is 118, with 100 being the average.
The cost of living index in Zionsville is 1.2x higher than the national average.
Zionsville ranks as the #123 cheapest in Indiana out of 124.
Zionsville ranks as the #4,687 cheapest out of 6,412 in the US.
The median home value in Zionsville is $430,900.
The median income in Zionsville is $141,546.
According to the most recent data on the cost of living, Zionsville has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Indiana, Zionsville has a cost of living index that's 1.3x higher than Indiana's index of 91.
The standard of living in Zionsville ranks as #123 most affordable out of the 124 places we measured in Indiana. By definition, that implies Zionsville ranks as the #1 most expensive place in the Hoosier State.
For more reading on life in Zionsville, check out:
Six factors go into calculating the cost of living index in Zionsville. Here is how it fairs on each of the criteria:
The Services index in Zionsville is 98.
The Groceries index in Zionsville is 93.
The Health index in Zionsville is 85.
The Housing index in Zionsville is 169.
The Transportation index in Zionsville is 93.
The Utilities index in Zionsville is 101.
Living Expense | Zionsville | Indiana | National Average | |
---|---|---|---|---|
Overall | 118 | 91 | 100 | |
Services | 98 | 94 | 100 | |
Groceries | 93 | 96 | 100 | |
Health | 85 | 101 | 100 | |
Housing | 169 | 77 | 100 | |
Transportation | 93 | 95 | 100 | |
Utilities | 101 | 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 Zionsville is $430,900.
The Median Rent in Zionsville is $1,451.
The Median Income in Zionsville is $141,546.
The Home Value To Income in Zionsville is 3.0x.
The Rent To Monthly Income in Zionsville is 0.12x.
Statistic | Zionsville | Indiana | United States |
---|---|---|---|
Median Home Value | $430,900 | $158,500 | $244,900 |
Median Rent | $1,451 | $891 | $1,163 |
Median Income | $141,546 | $61,944 | $69,021 |
Home Value To Income | 3.0x | 2.6x | 3.5x |
Rent To Monthly Income | 0.12x | 0.17x | 0.2x |
Item | Zionsville | 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 |
Item | Zionsville | 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 |
Item | Zionsville | Indiana |
---|---|---|
Optometrist | $65.9 | $108.57 |
Doctor | $88.25 | $116.17 |
Dentist | $92.92 | $99.13 |
Item | Zionsville | Indiana |
---|---|---|
Gasoline | $2.12 | $2.22 |
Tire Balancing | $40.89 | $50.07 |
Item | Zionsville | Indiana |
---|---|---|
All Electricity | $171.81 | $167.67 |
Phone | $184.27 | $175.64 |
The cost of living varies in the cities and towns around Zionsville. 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, 0.7x Zionsville.
Carmel, IN has a cost of living index of 114, 1.0x Zionsville.
Noblesville, IN has a cost of living index of 98, 0.8x Zionsville.
City | Population | Cost Of Living | Vs. Zionsville |
---|---|---|---|
Indianapolis, IN | 880,104 | 88 | 0.7x |
Carmel, IN | 98,137 | 114 | 1.0x |
Noblesville, IN | 68,885 | 98 | 0.8x |
Lawrence, IN | 49,048 | 87 | 0.7x |
Westfield, IN | 45,695 | 103 | 0.9x |
Brownsburg, IN | 28,420 | 95 | 0.8x |
Avon, IN | 20,848 | 99 | 0.8x |
Lebanon, IN | 17,196 | 86 | 0.7x |