Cost of Living in Huntington, IN

Population 17,026 · Indiana · Data vintage 2023

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Huntington 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.

Geographically, Huntington sits roughly 25 miles southwest of Fort Wayne. Median home values run roughly 39% lower than Fort Wayne's $170,000.

Cost Overview

Housing 34

Rent 65

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

About the Cost of Living in Huntington

The median home value in Huntington is $104,300 — 66% below the national median of $305,000. Median rent runs $852/month, 35% lower than the national median of $1,314/month. The median household income of $51,220/year is 31% lower than the US median of $74,580. The local unemployment rate is 4.3%, 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, Huntington has a cost of living index of 46 versus the US average of 100, meaning it is 54% less expensive.

🏠 Housing

Median Home Value

$104,300

66% below avg

Zillow Home Value

$191,098

Zillow ZHVI

Median Rent

$852/mo

35% below avg

Price-to-Rent Ratio

10.2x

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 62.1%

Renter-occupied 37.9%

💰 Estimated Monthly Budget

Rent median rent

$852

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $1,466/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

20.8 min

23% below avg

Gas Price

$3.145/gal

0% below avg

Work From Home

4.1%

Commute Mode

Drove alone

74.4%

Carpooled

14.8%

Public transit

0.1%

Walked

4.7%

Bicycle

0.8%

Work from home

4.1%

⚡ 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

$51,220

31% below avg

Per Capita Income

$26,747

Unemployment Rate

4.3%

11% below avg

Poverty Rate

15.6%

Labor Force Participation

62.1%

🎓 Education

Bachelor's degree+ 11.9%

Graduate degree 6.2%

👥 Demographics

Median Age 36.1

Male median age 34.8

Female median age 36.6

Frequently Asked Questions

What is the cost of living in Huntington, IN?

Huntington has a cost index of 46 (100 = national average). It is 54% below the national average.

What is average rent in Huntington, IN?

The median gross rent in Huntington is $852 per month based on 2023 Census data.

What is the average home price in Huntington?

The median home value in Huntington is $104,300 according to Zillow and Census data.

What is the median income in Huntington?

The median household income in Huntington is $51,220 per year (2023 ACS 5-year estimates).

What is the sales tax in Huntington, IN?

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

Is Huntington, IN affordable?

Yes, Huntington is generally considered affordable, with a cost of living index of 46 — about 54% below the US national average of 100.

Huntington at a Glance

Population: 17,026
Median Income: $51,220
Home Value: $104,300
Median Rent: $852/mo
Unemployment: 4.3%
Sales Tax: 7.0%

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