Cost of Living in Corydon, IN

Population 3,165 · 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

Corydon 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 2.3% points to a labor market well on the tight side of the national distribution.

Corydon is about 25 miles west of Louisville/Jefferson County metro government (balance), the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 27% lower than Louisville/Jefferson County metro government (balance)'s $222,000.

Cost Overview

Housing 53
Rent 81

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

About the Cost of Living in Corydon

The median home value in Corydon is $162,300 — 47% below the national median of $305,000. Median rent runs $1,064/month, 19% lower than the national median of $1,314/month. The median household income of $57,002/year is 24% lower than the US median of $74,580. The local unemployment rate is 2.3%, 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, Corydon has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$162,300
47% below avg
Zillow Home Value
$263,529
Zillow ZHVI
Median Rent
$1,064/mo
19% below avg
Price-to-Rent Ratio
12.7x
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 65.8%
Renter-occupied 34.2%

💰 Estimated Monthly Budget

Rent median rent
$1,064
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,678/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
24.3 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.4%

Commute Mode

Drove alone
68.0%
Carpooled
17.9%
Walked
4.5%
Bicycle
0.2%
Work from home
9.4%

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
$57,002
24% below avg
Per Capita Income
$32,037
Unemployment Rate
2.3%
53% below avg
Poverty Rate
7.3%
Labor Force Participation
55.9%

🎓 Education

Bachelor's degree+ 13.3%
Graduate degree 7.3%

👥 Demographics

Median Age 43.6
Male median age 45.9
Female median age 41.8

🏫 Schools

NCES CCD 2019 — public school district data

95%
4-Year Graduation Rate
15.7:1
Student-teacher ratio
9
Public schools
3,177
Total enrollment

Frequently Asked Questions

What is the cost of living in Corydon, IN?

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

What is average rent in Corydon, IN?

The median gross rent in Corydon is $1,064 per month based on 2023 Census data.

What is the average home price in Corydon?

The median home value in Corydon is $162,300 according to Zillow and Census data.

What is the median income in Corydon?

The median household income in Corydon is $57,002 per year (2023 ACS 5-year estimates).

What is the sales tax in Corydon, IN?

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

Is Corydon, IN affordable?

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