Cost of Living in Westfield, IN
Population 51,109 · Indiana · Data vintage 2023
(100 = US avg)
The Westfield cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $392,000, rents near $1,526 a month. The labor market has been unusually tight, with unemployment around 2.2% — below most comparable cities in the state.
Westfield sits roughly 5 miles north of Carmel — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 14% lower than Carmel's $456,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Westfield
The median home value in Westfield is $391,900 — 28% above the national median of $305,000. Median rent runs $1,526/month, 16% higher than the national median of $1,314/month. The median household income of $119,598/year is 60% higher 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, Westfield has a cost of living index of 124 versus the US average of 100, meaning it is 24% more 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
💨 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 Westfield, IN?
Westfield has a cost index of 124 (100 = national average). It is 24% above the national average.
What is average rent in Westfield, IN?
The median gross rent in Westfield is $1,526 per month based on 2023 Census data.
What is the average home price in Westfield?
The median home value in Westfield is $391,900 according to Zillow and Census data.
What is the median income in Westfield?
The median household income in Westfield is $119,598 per year (2023 ACS 5-year estimates).
What is the sales tax in Westfield, IN?
The combined state and local sales tax rate in Westfield is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Westfield, IN affordable?
Westfield is above average in cost of living, with an index of 124 — about 24% higher than the national average.
Westfield at a Glance
- Population
- 51,109
- Median Income
- $119,598
- Home Value
- $391,900
- Median Rent
- $1,526/mo
- Unemployment
- 2.2%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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