Cost of Living in Seymour, IN

Population 21,536 · Indiana · Data vintage 2023

59
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Seymour is a smaller Indiana community of around 22000 residents, where median household incomes of $63,388 and housing costs ($153,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.1% points to a labor market well on the tight side of the national distribution.

Seymour is about 55 miles north of Louisville/Jefferson County metro government (balance), the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 31% lower than Louisville/Jefferson County metro government (balance)'s $222,000.

Cost Overview

Housing 50
Rent 73

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

About the Cost of Living in Seymour

The median home value in Seymour is $153,300 — 50% below the national median of $305,000. Median rent runs $954/month, 27% lower than the national median of $1,314/month. The median household income of $63,388/year is 15% lower than the US median of $74,580. The local unemployment rate is 2.1%, 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, Seymour has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.

🏠 Housing

Median Home Value
$153,300
50% below avg
Zillow Home Value
$227,953
Zillow ZHVI
Median Rent
$954/mo
27% below avg
Zillow Rent
$1,195/mo
Zillow ZORI
Price-to-Rent Ratio
13.4x
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 57.1%
Renter-occupied 42.9%

💰 Estimated Monthly Budget

Rent median rent
$954
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,568/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
19.4 min
28% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.9%

Commute Mode

Drove alone
80.3%
Carpooled
10.2%
Walked
3.4%
Bicycle
0.1%
Work from home
2.9%

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
$63,388
15% below avg
Per Capita Income
$28,754
Unemployment Rate
2.1%
56% below avg
Poverty Rate
14.4%
Labor Force Participation
65.9%

🎓 Education

Bachelor's degree+ 13.1%
Graduate degree 6.6%

👥 Demographics

Median Age 33.3
Male median age 29.4
Female median age 37.4

🏫 Schools

NCES CCD 2019 — public school district data

85%
4-Year Graduation Rate
20.5:1
Student-teacher ratio
7
Public schools
5,229
Total enrollment

Frequently Asked Questions

What is the cost of living in Seymour, IN?

Seymour has a cost index of 59 (100 = national average). It is 41% below the national average.

What is average rent in Seymour, IN?

The median gross rent in Seymour is $954 per month based on 2023 Census data.

What is the average home price in Seymour?

The median home value in Seymour is $153,300 according to Zillow and Census data.

What is the median income in Seymour?

The median household income in Seymour is $63,388 per year (2023 ACS 5-year estimates).

What is the sales tax in Seymour, IN?

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

Is Seymour, IN affordable?

Yes, Seymour is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.

Seymour at a Glance

Population
21,536
Median Income
$63,388
Home Value
$153,300
Median Rent
$954/mo
Unemployment
2.1%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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