Cost of Living in Ellettsville, IN
Population 6,653 · Indiana · Data vintage 2023
(100 = US avg)
Buyers in Ellettsville can reasonably expect a home to cost less than three years of household income — $224,000 against $82,238 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 1.4% points to a labor market well on the tight side of the national distribution.
Geographically, Ellettsville is about 45 miles southwest of Indianapolis city (balance), the nearest large metro. Median home values run roughly 8% higher than Indianapolis city (balance)'s $207,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Ellettsville
The median home value in Ellettsville is $224,400 — 26% below the national median of $305,000. Median rent runs $746/month, 43% lower than the national median of $1,314/month. The median household income of $82,238/year is 10% higher than the US median of $74,580. The local unemployment rate is 1.4%, 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, Ellettsville has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.
Ellettsville 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Ellettsville, IN?
Ellettsville has a cost index of 67 (100 = national average). It is 33% below the national average.
What is average rent in Ellettsville, IN?
The median gross rent in Ellettsville is $746 per month based on 2023 Census data.
What is the average home price in Ellettsville?
The median home value in Ellettsville is $224,400 according to Zillow and Census data.
What is the median income in Ellettsville?
The median household income in Ellettsville is $82,238 per year (2023 ACS 5-year estimates).
What is the sales tax in Ellettsville, IN?
The combined state and local sales tax rate in Ellettsville is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Ellettsville, IN affordable?
Yes, Ellettsville is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.
Ellettsville at a Glance
- Population
- 6,653
- Median Income
- $82,238
- Home Value
- $224,400
- Median Rent
- $746/mo
- Unemployment
- 1.4%
- Sales Tax
- 7.0%
Nearby Cities
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Indiana Rankings
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