Cost of Living in Angola, IN

Population 9,383 · Indiana · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Angola is a smaller Indiana community of around 9000 residents, where median household incomes of $59,355 and housing costs ($187,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 6.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Angola is about 40 miles north of Fort Wayne, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 10% higher than Fort Wayne's $170,000.

Cost Overview

Housing 61
Rent 67

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Angola

The median home value in Angola is $186,900 — 39% below the national median of $305,000. Median rent runs $885/month, 33% lower than the national median of $1,314/month. The median household income of $59,355/year is 20% lower than the US median of $74,580. The local unemployment rate is 6.8%, above the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Angola has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$186,900
39% below avg
Zillow Home Value
$297,332
Zillow ZHVI
Median Rent
$885/mo
33% below avg
Zillow Rent
$1,103/mo
Zillow ZORI
Price-to-Rent Ratio
17.6x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$783
2 BR
$985
3 BR
$1,286
4 BR
$1,456
Owner-occupied 58.8%
Renter-occupied 41.2%

💰 Estimated Monthly Budget

Rent median rent
$885
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,499/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.3 min
32% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.1%

Commute Mode

Drove alone
74.9%
Carpooled
10.1%
Public transit
0.9%
Walked
8.8%
Bicycle
1.6%
Work from home
3.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.0%
Total Sales Tax 7.0%
State rate 7.0%
Avg local rate 0.0%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$59,355
20% below avg
Per Capita Income
$29,421
Unemployment Rate
6.8%
41% above avg
Poverty Rate
16.3%
Labor Force Participation
61.8%

🎓 Education

Bachelor's degree+ 17.6%
Graduate degree 11.3%

👥 Demographics

Median Age 31.4
Male median age 25.2
Female median age 40

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
16.7:1
Student-teacher ratio
6
Public schools
2,670
Total enrollment

Frequently Asked Questions

What is the cost of living in Angola, IN?

Angola has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Angola, IN?

The median gross rent in Angola is $885 per month based on 2023 Census data.

What is the average home price in Angola?

The median home value in Angola is $186,900 according to Zillow and Census data.

What is the median income in Angola?

The median household income in Angola is $59,355 per year (2023 ACS 5-year estimates).

What is the sales tax in Angola, IN?

The combined state and local sales tax rate in Angola is 7.0%. The Indiana state income tax top rate is 3.0%.

Is Angola, IN affordable?

Yes, Angola is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

Angola at a Glance

Population
9,383
Median Income
$59,355
Home Value
$186,900
Median Rent
$885/mo
Unemployment
6.8%
Sales Tax
7.0%
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