Cost of Living in Ossian, IN
Population 3,342 · Indiana · Data vintage 2023
(100 = US avg)
Housing costs in Ossian stay well under national norms: a median home value of $184,000 against median household incomes of $67,641 gives the city one of the more comfortable price-to-income ratios in Indiana. The labor market has been unusually tight, with unemployment around 1.4% — below most comparable cities in the state.
Ossian sits roughly 15 miles south of Fort Wayne — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 8% higher than Fort Wayne's $170,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Ossian
The median home value in Ossian is $184,000 — 40% below the national median of $305,000. Median rent runs $896/month, 32% lower than the national median of $1,314/month. The median household income of $67,641/year is 9% lower than the US median of $74,580. The local unemployment rate is 1.4%, 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%. The climate averages highs of 60.3°F and lows of 41.4°F, with about 33.6" of annual snowfall. Overall, Ossian has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.
Ossian 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 33 | 37 | 48 | 61 | 72 | 81 | 84 | 82 | 76 | 64 | 49 | 38 |
| Low °F | 18 | 21 | 29 | 39 | 50 | 60 | 64 | 61 | 53 | 43 | 33 | 24 |
| Precip" | 2.54 | 2.06 | 2.81 | 3.74 | 4.58 | 4.48 | 4.05 | 3.80 | 3.04 | 2.95 | 2.96 | 2.47 |
| Snow" | 10.8 | 7.8 | 4.6 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 1.9 | 7.6 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Ossian, IN?
Ossian has a cost index of 63 (100 = national average). It is 37% below the national average.
What is average rent in Ossian, IN?
The median gross rent in Ossian is $896 per month based on 2023 Census data.
What is the average home price in Ossian?
The median home value in Ossian is $184,000 according to Zillow and Census data.
What is the median income in Ossian?
The median household income in Ossian is $67,641 per year (2023 ACS 5-year estimates).
What is the sales tax in Ossian, IN?
The combined state and local sales tax rate in Ossian is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Ossian, IN affordable?
Yes, Ossian is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.
What is the weather like in Ossian?
Ossian has average high temperatures of 60.3°F and average lows of 41.4°F. Annual precipitation is 39.5". Average annual snowfall is 33.6". Data from NOAA 1991–2020 Climate Normals.
Ossian at a Glance
- Population
- 3,342
- Median Income
- $67,641
- Home Value
- $184,000
- Median Rent
- $896/mo
- Unemployment
- 1.4%
- Avg High Temp
- 60.3°F
- Sales Tax
- 7.0%
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Indiana Rankings
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