Cost of Living in Logansport, IN

Population 17,766 · Indiana · Data vintage 2023

40
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $46,363, median household incomes in Logansport land roughly 38% below the US median, a gap that tends to persist across local labor-market indicators. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.

Logansport is about 55 miles north of Carmel, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 81% lower than Carmel's $456,000.

Cost Overview

Housing 28
Rent 59

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

About the Cost of Living in Logansport

The median home value in Logansport is $84,600 — 72% below the national median of $305,000. Median rent runs $770/month, 41% lower than the national median of $1,314/month. The median household income of $46,363/year is 38% lower than the US median of $74,580. The local unemployment rate is 2.3%, 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, Logansport has a cost of living index of 40 versus the US average of 100, meaning it is 60% less expensive.

🏠 Housing

Median Home Value
$84,600
72% below avg
Zillow Home Value
$150,357
Zillow ZHVI
Median Rent
$770/mo
41% below avg
Price-to-Rent Ratio
9.2x
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 63.3%
Renter-occupied 36.7%

💰 Estimated Monthly Budget

Rent median rent
$770
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,384/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
21.2 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.1%

Commute Mode

Drove alone
79.7%
Carpooled
16.1%
Walked
1.6%
Bicycle
0.4%
Work from home
1.1%

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
$46,363
38% below avg
Per Capita Income
$23,245
Unemployment Rate
2.3%
52% below avg
Poverty Rate
15.4%
Labor Force Participation
62.1%

🎓 Education

Bachelor's degree+ 8.9%
Graduate degree 3.6%

👥 Demographics

Median Age 36.3
Male median age 34.3
Female median age 38

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
16.9:1
Student-teacher ratio
9
Public schools
4,304
Total enrollment

Frequently Asked Questions

What is the cost of living in Logansport, IN?

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

What is average rent in Logansport, IN?

The median gross rent in Logansport is $770 per month based on 2023 Census data.

What is the average home price in Logansport?

The median home value in Logansport is $84,600 according to Zillow and Census data.

What is the median income in Logansport?

The median household income in Logansport is $46,363 per year (2023 ACS 5-year estimates).

What is the sales tax in Logansport, IN?

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

Is Logansport, IN affordable?

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

Logansport at a Glance

Population
17,766
Median Income
$46,363
Home Value
$84,600
Median Rent
$770/mo
Unemployment
2.3%
Sales Tax
7.0%
View all cities in Indiana →
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Explore county-level cost of living data

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