Cost of Living in Syracuse, IN
Population 3,232 · Indiana · Data vintage 2023
(100 = US avg)
Buyers in Syracuse can reasonably expect a home to cost less than three years of household income — $174,000 against $63,894 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.
Located 30 miles southeast of South Bend, Syracuse falls within that metro's commuting orbit. Median home values run roughly 40% higher than South Bend's $125,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Syracuse
The median home value in Syracuse is $173,800 — 43% below the national median of $305,000. Median rent runs $1,046/month, 20% lower than the national median of $1,314/month. The median household income of $63,894/year is 14% lower than the US median of $74,580. The local unemployment rate is 3.7%, 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, Syracuse has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.
Syracuse 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Syracuse, IN?
Syracuse has a cost index of 66 (100 = national average). It is 34% below the national average.
What is average rent in Syracuse, IN?
The median gross rent in Syracuse is $1,046 per month based on 2023 Census data.
What is the average home price in Syracuse?
The median home value in Syracuse is $173,800 according to Zillow and Census data.
What is the median income in Syracuse?
The median household income in Syracuse is $63,894 per year (2023 ACS 5-year estimates).
What is the sales tax in Syracuse, IN?
The combined state and local sales tax rate in Syracuse is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Syracuse, IN affordable?
Yes, Syracuse is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.
Syracuse at a Glance
- Population
- 3,232
- Median Income
- $63,894
- Home Value
- $173,800
- Median Rent
- $1,046/mo
- Unemployment
- 3.7%
- 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