Cost of Living in Warsaw, IN
Population 16,592 · Indiana · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Warsaw a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $175,000. The labor market has been unusually tight, with unemployment around 2.2% — below most comparable cities in the state.
Located 35 miles southeast of South Bend, Warsaw falls within that metro's commuting orbit. Median home values run roughly 41% higher than South Bend's $125,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Warsaw
The median home value in Warsaw is $175,300 — 43% below the national median of $305,000. Median rent runs $1,035/month, 21% lower than the national median of $1,314/month. The median household income of $57,170/year is 23% lower than the US median of $74,580. The local unemployment rate is 2.2%, 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, Warsaw has a cost of living index of 66 versus the US average of 100, meaning it is 34% 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Warsaw, IN?
Warsaw has a cost index of 66 (100 = national average). It is 34% below the national average.
What is average rent in Warsaw, IN?
The median gross rent in Warsaw is $1,035 per month based on 2023 Census data.
What is the average home price in Warsaw?
The median home value in Warsaw is $175,300 according to Zillow and Census data.
What is the median income in Warsaw?
The median household income in Warsaw is $57,170 per year (2023 ACS 5-year estimates).
What is the sales tax in Warsaw, IN?
The combined state and local sales tax rate in Warsaw is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Warsaw, IN affordable?
Yes, Warsaw is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.
Warsaw at a Glance
- Population
- 16,592
- Median Income
- $57,170
- Home Value
- $175,300
- Median Rent
- $1,035/mo
- Unemployment
- 2.2%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
Similar Cost Cities
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