Cost of Living in Bright, IN

Population 5,735 · Indiana · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bright sits on the smaller end of the Indiana city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.2% points to a labor market well on the tight side of the national distribution.

Located 20 miles west of Cincinnati, Bright falls within that metro's commuting orbit. Median home values run roughly 15% higher than Cincinnati's $215,000.

Cost Overview

Housing 81
Rent 63

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

About the Cost of Living in Bright

The median home value in Bright is $246,600 — 19% below the national median of $305,000. Median rent runs $834/month, 37% lower than the national median of $1,314/month. The median household income of $111,140/year is 49% higher than the US median of $74,580. The local unemployment rate is 1.2%, 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, Bright has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$246,600
19% below avg
Zillow Home Value
$189,107
Zillow ZHVI
Median Rent
$834/mo
37% below avg
Price-to-Rent Ratio
24.6x
Favors renting
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 90.4%
Renter-occupied 9.6%

💰 Estimated Monthly Budget

Rent median rent
$834
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,448/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
35.9 min
33% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.2%

Commute Mode

Drove alone
74.5%
Carpooled
7.9%
Public transit
0.7%
Work from home
15.2%

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
$111,140
49% above avg
Per Capita Income
$42,030
Unemployment Rate
1.2%
76% below avg
Poverty Rate
1.9%
Labor Force Participation
69.5%

🎓 Education

Bachelor's degree+ 21.1%
Graduate degree 9.7%

👥 Demographics

Median Age 41.5
Male median age 40.7
Female median age 41.9

Frequently Asked Questions

What is the cost of living in Bright, IN?

Bright has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Bright, IN?

The median gross rent in Bright is $834 per month based on 2023 Census data.

What is the average home price in Bright?

The median home value in Bright is $246,600 according to Zillow and Census data.

What is the median income in Bright?

The median household income in Bright is $111,140 per year (2023 ACS 5-year estimates).

What is the sales tax in Bright, IN?

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

Is Bright, IN affordable?

Yes, Bright is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

Bright at a Glance

Population
5,735
Median Income
$111,140
Home Value
$246,600
Median Rent
$834/mo
Unemployment
1.2%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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