Cost of Living in South Bend, IN

Population 102,866 · Indiana · Data vintage 2023

55
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The South Bend cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $125,000, rents near $1,000 a month. Unemployment has stayed elevated relative to the national figure — 6.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Cost Overview

Housing 41
Rent 76

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

About the Cost of Living in South Bend

The median home value in South Bend is $124,500 — 59% below the national median of $305,000. Median rent runs $1,000/month, 24% lower than the national median of $1,314/month. The median household income of $52,512/year is 30% lower than the US median of $74,580. The local unemployment rate is 6.0%, 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%. The climate averages highs of 58.7°F and lows of 39.9°F, with about 64.5" of annual snowfall. Overall, South Bend has a cost of living index of 55 versus the US average of 100, meaning it is 45% less expensive.

🏠 Housing

Median Home Value
$124,500
59% below avg
Zillow Home Value
$186,069
Zillow ZHVI
Median Rent
$1,000/mo
24% below avg
Zillow Rent
$1,328/mo
Zillow ZORI
Price-to-Rent Ratio
10.4x
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 58.8%
Renter-occupied 41.2%

💰 Estimated Monthly Budget

Rent median rent
$1,000
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,614/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
21.7 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.0%

Commute Mode

Drove alone
71.4%
Carpooled
11.8%
Public transit
1.7%
Walked
2.5%
Bicycle
1.1%
Work from home
10.0%

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
$52,512
30% below avg
Per Capita Income
$29,511
Unemployment Rate
6.0%
25% above avg
Poverty Rate
22.6%
Labor Force Participation
63.0%

🎓 Education

Bachelor's degree+ 16.9%
Graduate degree 12.5%

👥 Demographics

Median Age 33.9
Male median age 33
Female median age 35.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.7°F
Avg Low
39.9°F
Annual Precip
39.2"
Annual Snowfall
64.5"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313546597079838174624836
Low °F 171927374858626153423223
Precip" 2.662.312.353.494.204.043.784.013.493.722.782.40
Snow" 21.616.16.81.00.00.00.00.00.00.25.113.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
47.9%
Good air days/yr
223
Max AQI recorded
239
PM2.5 days
126
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

78%
4-Year Graduation Rate
16.5:1
Student-teacher ratio
32
Public schools
16,725
Total enrollment

Frequently Asked Questions

What is the cost of living in South Bend, IN?

South Bend has a cost index of 55 (100 = national average). It is 45% below the national average.

What is average rent in South Bend, IN?

The median gross rent in South Bend is $1,000 per month based on 2023 Census data.

What is the average home price in South Bend?

The median home value in South Bend is $124,500 according to Zillow and Census data.

What is the median income in South Bend?

The median household income in South Bend is $52,512 per year (2023 ACS 5-year estimates).

What is the sales tax in South Bend, IN?

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

Is South Bend, IN affordable?

Yes, South Bend is generally considered affordable, with a cost of living index of 55 — about 45% below the US national average of 100.

What is the weather like in South Bend?

South Bend has average high temperatures of 58.7°F and average lows of 39.9°F. Annual precipitation is 39.2". Average annual snowfall is 64.5". Data from NOAA 1991–2020 Climate Normals.

South Bend at a Glance

Population
102,866
Median Income
$52,512
Home Value
$124,500
Median Rent
$1,000/mo
Unemployment
6.0%
Avg High Temp
58.7°F
Sales Tax
7.0%
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