Cost of Living in Griffith, IN
Population 16,228 · Indiana · Data vintage 2023
(100 = US avg)
Griffith offers a notably favorable income-to-housing ratio for its region. The typical home — $200,000 — costs less than 2.6 times median household income of $76,009, a threshold many coastal markets passed a decade ago.
Located 25 miles southeast of Chicago, Griffith falls within that metro's commuting orbit. Median home values run roughly 36% lower than Chicago's $315,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Griffith
The median home value in Griffith is $200,400 — 34% below the national median of $305,000. Median rent runs $1,154/month, 12% lower than the national median of $1,314/month. The median household income of $76,009/year is 2% higher than the US median of $74,580. The local unemployment rate is 3.5%, 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, Griffith has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.
🏠 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 Griffith, IN?
Griffith has a cost index of 75 (100 = national average). It is 25% below the national average.
What is average rent in Griffith, IN?
The median gross rent in Griffith is $1,154 per month based on 2023 Census data.
What is the average home price in Griffith?
The median home value in Griffith is $200,400 according to Zillow and Census data.
What is the median income in Griffith?
The median household income in Griffith is $76,009 per year (2023 ACS 5-year estimates).
What is the sales tax in Griffith, IN?
The combined state and local sales tax rate in Griffith is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Griffith, IN affordable?
Yes, Griffith is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.
Griffith at a Glance
- Population
- 16,228
- Median Income
- $76,009
- Home Value
- $200,400
- Median Rent
- $1,154/mo
- Unemployment
- 3.5%
- Sales Tax
- 7.0%
Explore county-level cost of living data
Indiana Rankings
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