Cost of Living in Jasper, IN
Population 16,421 · Indiana · Data vintage 2023
(100 = US avg)
Buyers in Jasper can reasonably expect a home to cost less than three years of household income — $203,000 against $65,283 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.
Jasper is about 45 miles northeast of Evansville, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 57% higher than Evansville's $129,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Jasper
The median home value in Jasper is $203,300 — 33% below the national median of $305,000. Median rent runs $741/month, 44% lower than the national median of $1,314/month. The median household income of $65,283/year is 12% lower than the US median of $74,580. The local unemployment rate is 2.8%, 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, Jasper has a cost of living index of 63 versus the US average of 100, meaning it is 37% 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 Jasper, IN?
Jasper has a cost index of 63 (100 = national average). It is 37% below the national average.
What is average rent in Jasper, IN?
The median gross rent in Jasper is $741 per month based on 2023 Census data.
What is the average home price in Jasper?
The median home value in Jasper is $203,300 according to Zillow and Census data.
What is the median income in Jasper?
The median household income in Jasper is $65,283 per year (2023 ACS 5-year estimates).
What is the sales tax in Jasper, IN?
The combined state and local sales tax rate in Jasper is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Jasper, IN affordable?
Yes, Jasper is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.
Jasper at a Glance
- Population
- 16,421
- Median Income
- $65,283
- Home Value
- $203,300
- Median Rent
- $741/mo
- Unemployment
- 2.8%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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