Cost of Living in Clarksville, IN

Population 22,121 · Indiana · Data vintage 2023

65
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Clarksville 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.

Located 13 miles northwest of Louisville/Jefferson County metro government (balance), Clarksville falls within that metro's commuting orbit. Median home values run roughly 22% lower than Louisville/Jefferson County metro government (balance)'s $222,000.

Cost Overview

Housing 57
Rent 78

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

About the Cost of Living in Clarksville

The median home value in Clarksville is $172,700 — 43% below the national median of $305,000. Median rent runs $1,031/month, 22% lower than the national median of $1,314/month. The median household income of $58,518/year is 22% lower than the US median of $74,580. The local unemployment rate is 4.2%, 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, Clarksville has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.

🏠 Housing

Median Home Value
$172,700
43% below avg
Zillow Home Value
$197,038
Zillow ZHVI
Median Rent
$1,031/mo
22% below avg
Zillow Rent
$1,085/mo
Zillow ZORI
Price-to-Rent Ratio
14.0x
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 60.2%
Renter-occupied 39.8%

💰 Estimated Monthly Budget

Rent median rent
$1,031
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,645/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
21.0 min
22% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.5%

Commute Mode

Drove alone
79.3%
Carpooled
8.9%
Public transit
0.3%
Walked
1.3%
Bicycle
0.8%
Work from home
8.5%

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
$58,518
22% below avg
Per Capita Income
$32,085
Unemployment Rate
4.2%
13% below avg
Poverty Rate
12.7%
Labor Force Participation
66.6%

🎓 Education

Bachelor's degree+ 14.8%
Graduate degree 6.1%

👥 Demographics

Median Age 38.4
Male median age 35.3
Female median age 40.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
40%
Good air days/yr
182
Max AQI recorded
267
PM2.5 days
98
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
16:1
Student-teacher ratio
3
Public schools
1,364
Total enrollment

Frequently Asked Questions

What is the cost of living in Clarksville, IN?

Clarksville has a cost index of 65 (100 = national average). It is 35% below the national average.

What is average rent in Clarksville, IN?

The median gross rent in Clarksville is $1,031 per month based on 2023 Census data.

What is the average home price in Clarksville?

The median home value in Clarksville is $172,700 according to Zillow and Census data.

What is the median income in Clarksville?

The median household income in Clarksville is $58,518 per year (2023 ACS 5-year estimates).

What is the sales tax in Clarksville, IN?

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

Is Clarksville, IN affordable?

Yes, Clarksville is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.

Clarksville at a Glance

Population
22,121
Median Income
$58,518
Home Value
$172,700
Median Rent
$1,031/mo
Unemployment
4.2%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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