Cost of Living in North Manchester, IN

Population 4,904 · Indiana · Data vintage 2023

46
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in North Manchester can reasonably expect a home to cost less than three years of household income — $136,000 against $63,438 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 0.9% — below most comparable cities in the state.

Geographically, North Manchester is about 35 miles west of Fort Wayne, the nearest large metro. Median home values run roughly 20% lower than Fort Wayne's $170,000.

Cost Overview

Housing 44
Rent 49

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

About the Cost of Living in North Manchester

The median home value in North Manchester is $135,500 — 56% below the national median of $305,000. Median rent runs $644/month, 51% lower than the national median of $1,314/month. The median household income of $63,438/year is 15% lower than the US median of $74,580. The local unemployment rate is 0.9%, 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, North Manchester has a cost of living index of 46 versus the US average of 100, meaning it is 54% less expensive.

🏠 Housing

Median Home Value
$135,500
56% below avg
Zillow Home Value
$190,587
Zillow ZHVI
Median Rent
$644/mo
51% below avg
Price-to-Rent Ratio
17.5x
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 80.6%
Renter-occupied 19.4%

💰 Estimated Monthly Budget

Rent median rent
$644
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,258/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
22.7 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.1%

Commute Mode

Drove alone
77.1%
Carpooled
7.6%
Walked
7.4%
Bicycle
0.8%
Work from home
7.1%

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
$63,438
15% below avg
Per Capita Income
$30,668
Unemployment Rate
0.9%
81% below avg
Poverty Rate
10.9%
Labor Force Participation
57.0%

🎓 Education

Bachelor's degree+ 11.1%
Graduate degree 12.1%

👥 Demographics

Median Age 40.5
Male median age 32.7
Female median age 46.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 36 — Good
86%
Good air days/yr
126
Max AQI recorded
0
PM2.5 days
364
Ozone days

Frequently Asked Questions

What is the cost of living in North Manchester, IN?

North Manchester has a cost index of 46 (100 = national average). It is 54% below the national average.

What is average rent in North Manchester, IN?

The median gross rent in North Manchester is $644 per month based on 2023 Census data.

What is the average home price in North Manchester?

The median home value in North Manchester is $135,500 according to Zillow and Census data.

What is the median income in North Manchester?

The median household income in North Manchester is $63,438 per year (2023 ACS 5-year estimates).

What is the sales tax in North Manchester, IN?

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

Is North Manchester, IN affordable?

Yes, North Manchester is generally considered affordable, with a cost of living index of 46 — about 54% below the US national average of 100.

North Manchester at a Glance

Population
4,904
Median Income
$63,438
Home Value
$135,500
Median Rent
$644/mo
Unemployment
0.9%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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