Cost of Living in Danville, IN

Population 11,049 · Indiana · Data vintage 2023

87
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Danville 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 1.6% points to a labor market well on the tight side of the national distribution.

Danville sits roughly 20 miles west of Indianapolis city (balance) — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 30% higher than Indianapolis city (balance)'s $207,000.

Cost Overview

Housing 88
Rent 85

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

About the Cost of Living in Danville

The median home value in Danville is $269,400 — 12% below the national median of $305,000. Median rent runs $1,118/month, 15% lower than the national median of $1,314/month. The median household income of $93,080/year is 25% higher than the US median of $74,580. The local unemployment rate is 1.6%, 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, Danville has a cost of living index of 87 versus the US average of 100, meaning it is 13% less expensive.

🏠 Housing

Median Home Value
$269,400
12% below avg
Zillow Home Value
$334,130
Zillow ZHVI
Median Rent
$1,118/mo
15% below avg
Zillow Rent
$1,833/mo
Zillow ZORI
Price-to-Rent Ratio
20.1x
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 70.3%
Renter-occupied 29.7%

💰 Estimated Monthly Budget

Rent median rent
$1,118
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,732/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
28.3 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.9%

Commute Mode

Drove alone
79.5%
Carpooled
8.0%
Walked
0.9%
Bicycle
0.3%
Work from home
9.9%

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
$93,080
25% above avg
Per Capita Income
$36,202
Unemployment Rate
1.6%
66% below avg
Poverty Rate
3.7%
Labor Force Participation
73.0%

🎓 Education

Bachelor's degree+ 22.9%
Graduate degree 12.1%

👥 Demographics

Median Age 36.8
Male median age 35.7
Female median age 39.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
90%
Good air days/yr
119
Max AQI recorded
0
PM2.5 days
360
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

93%
4-Year Graduation Rate
18:1
Student-teacher ratio
4
Public schools
2,487
Total enrollment

Frequently Asked Questions

What is the cost of living in Danville, IN?

Danville has a cost index of 87 (100 = national average). It is 13% below the national average.

What is average rent in Danville, IN?

The median gross rent in Danville is $1,118 per month based on 2023 Census data.

What is the average home price in Danville?

The median home value in Danville is $269,400 according to Zillow and Census data.

What is the median income in Danville?

The median household income in Danville is $93,080 per year (2023 ACS 5-year estimates).

What is the sales tax in Danville, IN?

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

Is Danville, IN affordable?

Yes, Danville is generally considered affordable, with a cost of living index of 87 — about 13% below the US national average of 100.

Danville at a Glance

Population
11,049
Median Income
$93,080
Home Value
$269,400
Median Rent
$1,118/mo
Unemployment
1.6%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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