Cost of Living in Noblesville, IN

Population 71,940 · Indiana · Data vintage 2023

102
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Noblesville lands reasonably close to national benchmarks on most cost indicators, with a median home value of $322,000 — 6% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Indiana.

Geographically, Noblesville sits roughly 5 miles northwest of Fishers. Median home values run roughly 13% lower than Fishers' $370,000.

Cost Overview

Housing 106
Rent 98

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

About the Cost of Living in Noblesville

The median home value in Noblesville is $321,800 — 6% above the national median of $305,000. Median rent runs $1,284/month, 2% lower than the national median of $1,314/month. The median household income of $102,319/year is 37% higher than the US median of $74,580. The local unemployment rate is 3.2%, 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, Noblesville has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.

🏠 Housing

Median Home Value
$321,800
6% above avg
Zillow Home Value
$383,583
Zillow ZHVI
Median Rent
$1,284/mo
2% below avg
Zillow Rent
$1,715/mo
Zillow ZORI
Price-to-Rent Ratio
20.9x
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 72.5%
Renter-occupied 27.5%

💰 Estimated Monthly Budget

Rent median rent
$1,284
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,898/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
28.9 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.9%

Commute Mode

Drove alone
74.5%
Carpooled
7.3%
Public transit
0.1%
Walked
0.6%
Bicycle
0.2%
Work from home
16.9%

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
$102,319
37% above avg
Per Capita Income
$47,652
Unemployment Rate
3.2%
34% below avg
Poverty Rate
5.6%
Labor Force Participation
71.8%

🎓 Education

Bachelor's degree+ 34.3%
Graduate degree 17.1%

👥 Demographics

Median Age 35.6
Male median age 34.9
Female median age 36.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
60.4%
Good air days/yr
190
Max AQI recorded
196
PM2.5 days
168
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
19.7:1
Student-teacher ratio
11
Public schools
10,676
Total enrollment

Frequently Asked Questions

What is the cost of living in Noblesville, IN?

Noblesville has a cost index of 102 (100 = national average). It is 2% above the national average.

What is average rent in Noblesville, IN?

The median gross rent in Noblesville is $1,284 per month based on 2023 Census data.

What is the average home price in Noblesville?

The median home value in Noblesville is $321,800 according to Zillow and Census data.

What is the median income in Noblesville?

The median household income in Noblesville is $102,319 per year (2023 ACS 5-year estimates).

What is the sales tax in Noblesville, IN?

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

Is Noblesville, IN affordable?

Noblesville is near the national average in terms of cost of living, with an index of 102 (100 = US average).

Noblesville at a Glance

Population
71,940
Median Income
$102,319
Home Value
$321,800
Median Rent
$1,284/mo
Unemployment
3.2%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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