Cost of Living in Connersville, IN

Population 13,241 · Indiana · Data vintage 2023

43
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Connersville run well below national norms — a median of $45,679 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $96,000). A poverty rate near 23% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Connersville is about 50 miles east of Fishers, the nearest large metro. Median home values run roughly 74% lower than Fishers' $370,000.

Cost Overview

Housing 32
Rent 59

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

About the Cost of Living in Connersville

The median home value in Connersville is $96,300 — 68% below the national median of $305,000. Median rent runs $776/month, 41% lower than the national median of $1,314/month. The median household income of $45,679/year is 39% lower than the US median of $74,580. The local unemployment rate is 5.2%, 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, Connersville has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.

🏠 Housing

Median Home Value
$96,300
68% below avg
Zillow Home Value
$154,451
Zillow ZHVI
Median Rent
$776/mo
41% below avg
Zillow Rent
$795/mo
Zillow ZORI
Price-to-Rent Ratio
10.3x
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 60.5%
Renter-occupied 39.5%

💰 Estimated Monthly Budget

Rent median rent
$776
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,390/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
26.4 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.5%

Commute Mode

Drove alone
79.0%
Carpooled
11.5%
Walked
3.7%
Work from home
5.5%

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
$45,679
39% below avg
Per Capita Income
$24,418
Unemployment Rate
5.2%
8% above avg
Poverty Rate
23.2%
Labor Force Participation
56.1%

🎓 Education

Bachelor's degree+ 12.0%
Graduate degree 3.5%

👥 Demographics

Median Age 40.2
Male median age 40.5
Female median age 39.9

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
17:1
Student-teacher ratio
9
Public schools
3,449
Total enrollment

Frequently Asked Questions

What is the cost of living in Connersville, IN?

Connersville has a cost index of 43 (100 = national average). It is 57% below the national average.

What is average rent in Connersville, IN?

The median gross rent in Connersville is $776 per month based on 2023 Census data.

What is the average home price in Connersville?

The median home value in Connersville is $96,300 according to Zillow and Census data.

What is the median income in Connersville?

The median household income in Connersville is $45,679 per year (2023 ACS 5-year estimates).

What is the sales tax in Connersville, IN?

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

Is Connersville, IN affordable?

Yes, Connersville is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.

Connersville at a Glance

Population
13,241
Median Income
$45,679
Home Value
$96,300
Median Rent
$776/mo
Unemployment
5.2%
Sales Tax
7.0%
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Explore county-level cost of living data

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