Cost of Living in McCordsville, IN
Population 9,700 · Indiana · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives McCordsville a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $328,000. The labor market has been unusually tight, with unemployment around 2.6% — below most comparable cities in the state.
McCordsville sits roughly 5 miles southeast of Fishers — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 11% lower than Fishers' $370,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in McCordsville
The median home value in McCordsville is $327,900 — 8% above the national median of $305,000. Median rent runs $1,085/month, 17% lower than the national median of $1,314/month. The median household income of $113,495/year is 52% higher than the US median of $74,580. The local unemployment rate is 2.6%, 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, McCordsville has a cost of living index of 98 versus the US average of 100, meaning it is 2% less expensive.
McCordsville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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
Frequently Asked Questions
What is the cost of living in McCordsville, IN?
McCordsville has a cost index of 98 (100 = national average). It is 2% below the national average.
What is average rent in McCordsville, IN?
The median gross rent in McCordsville is $1,085 per month based on 2023 Census data.
What is the average home price in McCordsville?
The median home value in McCordsville is $327,900 according to Zillow and Census data.
What is the median income in McCordsville?
The median household income in McCordsville is $113,495 per year (2023 ACS 5-year estimates).
What is the sales tax in McCordsville, IN?
The combined state and local sales tax rate in McCordsville is 7.0%. The Indiana state income tax top rate is 3.0%.
Is McCordsville, IN affordable?
McCordsville is near the national average in terms of cost of living, with an index of 98 (100 = US average).
McCordsville at a Glance
- Population
- 9,700
- Median Income
- $113,495
- Home Value
- $327,900
- Median Rent
- $1,085/mo
- Unemployment
- 2.6%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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