Cost of Living in Lawrenceburg, IN

Population 5,155 · Indiana · Data vintage 2023

60
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lawrenceburg 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. The labor market has been unusually tight, with unemployment around 0.0% — below most comparable cities in the state.

Located 20 miles west of Cincinnati, Lawrenceburg falls within that metro's commuting orbit. Median home values run roughly 11% lower than Cincinnati's $215,000.

Cost Overview

Housing 63
Rent 56

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

About the Cost of Living in Lawrenceburg

The median home value in Lawrenceburg is $191,400 — 37% below the national median of $305,000. Median rent runs $733/month, 44% lower than the national median of $1,314/month. The median household income of $52,778/year is 29% lower than the US median of $74,580. The local unemployment rate is 0.0%, 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, Lawrenceburg has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.

🏠 Housing

Median Home Value
$191,400
37% below avg
Zillow Home Value
$317,610
Zillow ZHVI
Median Rent
$733/mo
44% below avg
Price-to-Rent Ratio
21.8x
Favors renting
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 59.2%
Renter-occupied 40.8%

💰 Estimated Monthly Budget

Rent median rent
$733
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,347/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
19.4 min
28% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.2%

Commute Mode

Drove alone
72.2%
Carpooled
8.8%
Public transit
0.1%
Walked
4.8%
Bicycle
1.1%
Work from home
7.2%

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
$52,778
29% below avg
Per Capita Income
$35,972
Unemployment Rate
0.0%
100% below avg
Poverty Rate
10.7%
Labor Force Participation
57.7%

🎓 Education

Bachelor's degree+ 19.1%
Graduate degree 7.6%

👥 Demographics

Median Age 39.4
Male median age 37.4
Female median age 43.5

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
16.6:1
Student-teacher ratio
4
Public schools
2,086
Total enrollment

Frequently Asked Questions

What is the cost of living in Lawrenceburg, IN?

Lawrenceburg has a cost index of 60 (100 = national average). It is 40% below the national average.

What is average rent in Lawrenceburg, IN?

The median gross rent in Lawrenceburg is $733 per month based on 2023 Census data.

What is the average home price in Lawrenceburg?

The median home value in Lawrenceburg is $191,400 according to Zillow and Census data.

What is the median income in Lawrenceburg?

The median household income in Lawrenceburg is $52,778 per year (2023 ACS 5-year estimates).

What is the sales tax in Lawrenceburg, IN?

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

Is Lawrenceburg, IN affordable?

Yes, Lawrenceburg is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.

Lawrenceburg at a Glance

Population
5,155
Median Income
$52,778
Home Value
$191,400
Median Rent
$733/mo
Unemployment
0.0%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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