Cost of Living in Shelbyville, IN
Population 19,866 · Indiana · Data vintage 2023
(100 = US avg)
Shelbyville sits on the smaller end of the Indiana city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Located 25 miles southeast of Indianapolis city (balance), Shelbyville falls within that metro's commuting orbit. Median home values run roughly 27% lower than Indianapolis city (balance)'s $207,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Shelbyville
The median home value in Shelbyville is $151,100 — 50% below the national median of $305,000. Median rent runs $970/month, 26% lower than the national median of $1,314/month. The median household income of $58,532/year is 22% lower than the US median of $74,580. The local unemployment rate is 3.3%, 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 64.1°F and lows of 44.4°F. Overall, Shelbyville has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.
🏠 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 | 37 | 42 | 53 | 66 | 76 | 83 | 86 | 85 | 80 | 67 | 53 | 42 |
| Low °F | 22 | 25 | 34 | 44 | 55 | 63 | 65 | 63 | 55 | 45 | 35 | 27 |
| Precip" | 3.05 | 2.34 | 3.45 | 4.54 | 4.62 | 5.16 | 3.87 | 3.19 | 3.14 | 3.20 | 3.61 | 2.97 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Shelbyville, IN?
Shelbyville has a cost index of 59 (100 = national average). It is 41% below the national average.
What is average rent in Shelbyville, IN?
The median gross rent in Shelbyville is $970 per month based on 2023 Census data.
What is the average home price in Shelbyville?
The median home value in Shelbyville is $151,100 according to Zillow and Census data.
What is the median income in Shelbyville?
The median household income in Shelbyville is $58,532 per year (2023 ACS 5-year estimates).
What is the sales tax in Shelbyville, IN?
The combined state and local sales tax rate in Shelbyville is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Shelbyville, IN affordable?
Yes, Shelbyville is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.
What is the weather like in Shelbyville?
Shelbyville has average high temperatures of 64.1°F and average lows of 44.4°F. Annual precipitation is 43.1". Data from NOAA 1991–2020 Climate Normals.
Shelbyville at a Glance
- Population
- 19,866
- Median Income
- $58,532
- Home Value
- $151,100
- Median Rent
- $970/mo
- Unemployment
- 3.3%
- Avg High Temp
- 64.1°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
Similar Cost Cities
Cities in other states with comparable housing costs