Cost of Living in Edinburgh, IN
Population 4,191 · Indiana · Data vintage 2023
(100 = US avg)
Edinburgh is a smaller Indiana community of around 4000 residents, where median household incomes of $56,406 and housing costs ($145,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 7.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Edinburgh is about 30 miles southeast of Indianapolis city (balance), the nearest large metro. Median home values run roughly 30% lower than Indianapolis city (balance)'s $207,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Edinburgh
The median home value in Edinburgh is $145,400 — 52% below the national median of $305,000. Median rent runs $807/month, 39% lower than the national median of $1,314/month. The median household income of $56,406/year is 24% lower than the US median of $74,580. The local unemployment rate is 7.2%, 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, Edinburgh has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.
Edinburgh has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Edinburgh, IN?
Edinburgh has a cost index of 53 (100 = national average). It is 47% below the national average.
What is average rent in Edinburgh, IN?
The median gross rent in Edinburgh is $807 per month based on 2023 Census data.
What is the average home price in Edinburgh?
The median home value in Edinburgh is $145,400 according to Zillow and Census data.
What is the median income in Edinburgh?
The median household income in Edinburgh is $56,406 per year (2023 ACS 5-year estimates).
What is the sales tax in Edinburgh, IN?
The combined state and local sales tax rate in Edinburgh is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Edinburgh, IN affordable?
Yes, Edinburgh is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.
Edinburgh at a Glance
- Population
- 4,191
- Median Income
- $56,406
- Home Value
- $145,400
- Median Rent
- $807/mo
- Unemployment
- 7.2%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
Similar Cost Cities
Cities in other states with comparable housing costs