Cost of Living in Roselawn, IN

Population 3,231 · Indiana · Data vintage 2023

66
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Roselawn can reasonably expect a home to cost less than three years of household income — $185,000 against $80,061 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Located 50 miles southeast of Joliet, Roselawn is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 26% lower than Joliet's $249,000.

Cost Overview

Housing 61
Rent 73

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

About the Cost of Living in Roselawn

The median home value in Roselawn is $185,200 — 39% below the national median of $305,000. Median rent runs $958/month, 27% lower than the national median of $1,314/month. The median household income of $80,061/year is 7% higher than the US median of $74,580. The local unemployment rate is 4.9%, 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%. Overall, Roselawn has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.

🏠 Housing

Median Home Value
$185,200
39% below avg
Median Rent
$958/mo
27% below avg
Price-to-Rent Ratio
16.1x
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 91.0%
Renter-occupied 9.0%

💰 Estimated Monthly Budget

Rent median rent
$958
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,572/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
39.8 min
47% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.8%

Commute Mode

Drove alone
83.7%
Carpooled
7.9%
Public transit
6.6%
Work from home
1.8%

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
$80,061
7% above avg
Per Capita Income
$35,810
Unemployment Rate
4.9%
2% above avg
Poverty Rate
6.2%
Labor Force Participation
53.9%

🎓 Education

Bachelor's degree+ 8.9%
Graduate degree 2.0%

👥 Demographics

Median Age 42.6
Male median age 42
Female median age 43.8

Frequently Asked Questions

What is the cost of living in Roselawn, IN?

Roselawn has a cost index of 66 (100 = national average). It is 34% below the national average.

What is average rent in Roselawn, IN?

The median gross rent in Roselawn is $958 per month based on 2023 Census data.

What is the average home price in Roselawn?

The median home value in Roselawn is $185,200 according to 2023 Census ACS data.

What is the median income in Roselawn?

The median household income in Roselawn is $80,061 per year (2023 ACS 5-year estimates).

What is the sales tax in Roselawn, IN?

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

Is Roselawn, IN affordable?

Yes, Roselawn is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.

Roselawn at a Glance

Population
3,231
Median Income
$80,061
Home Value
$185,200
Median Rent
$958/mo
Unemployment
4.9%
Sales Tax
7.0%
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🗺️ County data for Indiana

Explore county-level cost of living data

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