Cost of Living in Aurora, IN

Population 3,704 · Indiana · Data vintage 2023

47
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Aurora run well below national norms — a median of $46,733 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $124,000). The labor market has been unusually tight, with unemployment around 1.4% — below most comparable cities in the state.

Located 20 miles west of Cincinnati, Aurora falls within that metro's commuting orbit. Median home values run roughly 43% lower than Cincinnati's $215,000.

Cost Overview

Housing 41
Rent 57

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

About the Cost of Living in Aurora

The median home value in Aurora is $123,600 — 59% below the national median of $305,000. Median rent runs $750/month, 43% lower than the national median of $1,314/month. The median household income of $46,733/year is 37% lower than the US median of $74,580. The local unemployment rate is 1.4%, below 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, Aurora has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$123,600
59% below avg
Zillow Home Value
$210,738
Zillow ZHVI
Median Rent
$750/mo
43% below avg
Price-to-Rent Ratio
13.7x
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 63.1%
Renter-occupied 36.9%

💰 Estimated Monthly Budget

Rent median rent
$750
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,364/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
30.4 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.3%

Commute Mode

Drove alone
82.6%
Carpooled
12.6%
Work from home
3.3%

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
$46,733
37% below avg
Per Capita Income
$27,692
Unemployment Rate
1.4%
71% below avg
Poverty Rate
22.5%
Labor Force Participation
69.8%

🎓 Education

Bachelor's degree+ 13.2%
Graduate degree 3.9%

👥 Demographics

Median Age 42.6
Male median age 46.1
Female median age 39.6

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
14.9:1
Student-teacher ratio
6
Public schools
2,214
Total enrollment

Frequently Asked Questions

What is the cost of living in Aurora, IN?

Aurora has a cost index of 47 (100 = national average). It is 53% below the national average.

What is average rent in Aurora, IN?

The median gross rent in Aurora is $750 per month based on 2023 Census data.

What is the average home price in Aurora?

The median home value in Aurora is $123,600 according to Zillow and Census data.

What is the median income in Aurora?

The median household income in Aurora is $46,733 per year (2023 ACS 5-year estimates).

What is the sales tax in Aurora, IN?

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

Is Aurora, IN affordable?

Yes, Aurora is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.

Aurora at a Glance

Population
3,704
Median Income
$46,733
Home Value
$123,600
Median Rent
$750/mo
Unemployment
1.4%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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