Cost of Living in Washington, IN

Population 12,192 · Indiana · Data vintage 2023

52
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Washington a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $131,000.

Located 50 miles northeast of Evansville, Washington is far enough out that local conditions diverge meaningfully from the big-metro baseline. Housing prices track closely with Evansville's $129,000 median.

Cost Overview

Housing 43
Rent 65

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

About the Cost of Living in Washington

The median home value in Washington is $130,700 — 57% below the national median of $305,000. Median rent runs $854/month, 35% lower than the national median of $1,314/month. The median household income of $50,000/year is 33% lower than the US median of $74,580. The local unemployment rate is 3.4%, 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, Washington has a cost of living index of 52 versus the US average of 100, meaning it is 48% less expensive.

🏠 Housing

Median Home Value
$130,700
57% below avg
Zillow Home Value
$143,919
Zillow ZHVI
Median Rent
$854/mo
35% below avg
Price-to-Rent Ratio
12.8x
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 53.9%
Renter-occupied 46.1%

💰 Estimated Monthly Budget

Rent median rent
$854
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,468/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
20.2 min
25% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.9%

Commute Mode

Drove alone
80.5%
Carpooled
11.9%
Public transit
0.2%
Walked
1.4%
Work from home
4.9%

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
$50,000
33% below avg
Per Capita Income
$25,820
Unemployment Rate
3.4%
30% below avg
Poverty Rate
17.0%
Labor Force Participation
60.1%

🎓 Education

Bachelor's degree+ 11.1%
Graduate degree 4.0%

👥 Demographics

Median Age 36.9
Male median age 36.2
Female median age 38.3

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
16.9:1
Student-teacher ratio
6
Public schools
2,478
Total enrollment

Frequently Asked Questions

What is the cost of living in Washington, IN?

Washington has a cost index of 52 (100 = national average). It is 48% below the national average.

What is average rent in Washington, IN?

The median gross rent in Washington is $854 per month based on 2023 Census data.

What is the average home price in Washington?

The median home value in Washington is $130,700 according to Zillow and Census data.

What is the median income in Washington?

The median household income in Washington is $50,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Washington, IN?

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

Is Washington, IN affordable?

Yes, Washington is generally considered affordable, with a cost of living index of 52 — about 48% below the US national average of 100.

Washington at a Glance

Population
12,192
Median Income
$50,000
Home Value
$130,700
Median Rent
$854/mo
Unemployment
3.4%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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