Cost of Living in Jeffersonville, IN

Population 50,176 · Indiana · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Jeffersonville can reasonably expect a home to cost less than three years of household income — $209,000 against $70,157 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Located 12 miles north of Louisville/Jefferson County metro government (balance), Jeffersonville falls within that metro's commuting orbit. Housing prices track closely with Louisville/Jefferson County metro government (balance)'s $222,000 median.

Cost Overview

Housing 68
Rent 83

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

About the Cost of Living in Jeffersonville

The median home value in Jeffersonville is $208,500 — 32% below the national median of $305,000. Median rent runs $1,090/month, 17% lower than the national median of $1,314/month. The median household income of $70,157/year is 6% lower than the US median of $74,580. The local unemployment rate is 3.7%, 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, Jeffersonville has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$208,500
32% below avg
Zillow Home Value
$246,450
Zillow ZHVI
Median Rent
$1,090/mo
17% below avg
Zillow Rent
$1,334/mo
Zillow ZORI
Price-to-Rent Ratio
15.9x
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 72.3%
Renter-occupied 27.6%

💰 Estimated Monthly Budget

Rent median rent
$1,090
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,704/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
22.0 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.2%

Commute Mode

Drove alone
75.8%
Carpooled
8.9%
Public transit
0.3%
Walked
0.5%
Bicycle
0.1%
Work from home
13.2%

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
$70,157
6% below avg
Per Capita Income
$35,801
Unemployment Rate
3.7%
22% below avg
Poverty Rate
11.0%
Labor Force Participation
65.8%

🎓 Education

Bachelor's degree+ 17.1%
Graduate degree 8.4%

👥 Demographics

Median Age 39.1
Male median age 37.8
Female median age 40.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
40%
Good air days/yr
182
Max AQI recorded
267
PM2.5 days
98
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
19.9:1
Student-teacher ratio
20
Public schools
10,310
Total enrollment

Frequently Asked Questions

What is the cost of living in Jeffersonville, IN?

Jeffersonville has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Jeffersonville, IN?

The median gross rent in Jeffersonville is $1,090 per month based on 2023 Census data.

What is the average home price in Jeffersonville?

The median home value in Jeffersonville is $208,500 according to Zillow and Census data.

What is the median income in Jeffersonville?

The median household income in Jeffersonville is $70,157 per year (2023 ACS 5-year estimates).

What is the sales tax in Jeffersonville, IN?

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

Is Jeffersonville, IN affordable?

Yes, Jeffersonville is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

Jeffersonville at a Glance

Population
50,176
Median Income
$70,157
Home Value
$208,500
Median Rent
$1,090/mo
Unemployment
3.7%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs