Cost of Living in Muncie, IN

Population 64,739 · Indiana · Data vintage 2023

44
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $43,395, median household incomes in Muncie land roughly 42% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 30% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Muncie is about 35 miles east of Fishers, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 75% lower than Fishers' $370,000.

Cost Overview

Housing 30
Rent 66

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

About the Cost of Living in Muncie

The median home value in Muncie is $92,000 — 70% below the national median of $305,000. Median rent runs $867/month, 34% lower than the national median of $1,314/month. The median household income of $43,395/year is 42% lower than the US median of $74,580. The local unemployment rate is 8.6%, above the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. The climate averages highs of 63.0°F and lows of 44.3°F. Overall, Muncie has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.

🏠 Housing

Median Home Value
$92,000
70% below avg
Zillow Home Value
$149,046
Zillow ZHVI
Median Rent
$867/mo
34% below avg
Zillow Rent
$982/mo
Zillow ZORI
Price-to-Rent Ratio
8.8x
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 51.5%
Renter-occupied 48.5%

💰 Estimated Monthly Budget

Rent median rent
$867
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,481/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
20.6 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.8%

Commute Mode

Drove alone
72.4%
Carpooled
12.4%
Public transit
1.9%
Walked
6.1%
Bicycle
0.8%
Work from home
5.8%

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
$43,395
42% below avg
Per Capita Income
$24,582
Unemployment Rate
8.6%
79% above avg
Poverty Rate
29.6%
Labor Force Participation
58.0%

🎓 Education

Bachelor's degree+ 14.7%
Graduate degree 11.0%

👥 Demographics

Median Age 29.5
Male median age 29.3
Female median age 29.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.0°F
Avg Low
44.3°F
Annual Precip
40.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 364051647583868479665241
Low °F 212433435464666356453627
Precip" 2.522.273.083.894.364.814.103.383.092.963.232.57

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
79.1%
Good air days/yr
121
Max AQI recorded
50
PM2.5 days
313
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

91.7%
4-Year Graduation Rate
16.7:1
Student-teacher ratio
18
Public schools
8,543
Total enrollment

Frequently Asked Questions

What is the cost of living in Muncie, IN?

Muncie has a cost index of 44 (100 = national average). It is 56% below the national average.

What is average rent in Muncie, IN?

The median gross rent in Muncie is $867 per month based on 2023 Census data.

What is the average home price in Muncie?

The median home value in Muncie is $92,000 according to Zillow and Census data.

What is the median income in Muncie?

The median household income in Muncie is $43,395 per year (2023 ACS 5-year estimates).

What is the sales tax in Muncie, IN?

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

Is Muncie, IN affordable?

Yes, Muncie is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.

What is the weather like in Muncie?

Muncie has average high temperatures of 63.0°F and average lows of 44.3°F. Annual precipitation is 40.3". Data from NOAA 1991–2020 Climate Normals.

Muncie at a Glance

Population
64,739
Median Income
$43,395
Home Value
$92,000
Median Rent
$867/mo
Unemployment
8.6%
Avg High Temp
63.0°F
Sales Tax
7.0%
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