Cost of Living in Winfield, IN

Population 7,501 · Indiana · Data vintage 2023

139
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 Winfield a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $401,000.

Geographically, Winfield is about 35 miles southeast of Chicago, the nearest large metro. Median home values run roughly 27% higher than Chicago's $315,000.

Cost Overview

Housing 132
Rent 151

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

About the Cost of Living in Winfield

The median home value in Winfield is $401,200 — 32% above the national median of $305,000. Median rent runs $1,981/month, 51% higher than the national median of $1,314/month. The median household income of $128,980/year is 73% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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, Winfield has a cost of living index of 139 versus the US average of 100, meaning it is 39% more expensive.

🏠 Housing

Median Home Value
$401,200
32% above avg
Median Rent
$1,981/mo
51% above avg
Price-to-Rent Ratio
16.9x
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 94.8%
Renter-occupied 5.2%

💰 Estimated Monthly Budget

Rent median rent
$1,981
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,595/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
37.0 min
37% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.1%

Commute Mode

Drove alone
73.9%
Carpooled
9.0%
Work from home
17.1%

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
$128,980
73% above avg
Per Capita Income
$46,695
Unemployment Rate
4.5%
7% below avg
Poverty Rate
3.8%
Labor Force Participation
69.4%

🎓 Education

Bachelor's degree+ 24.3%
Graduate degree 14.4%

👥 Demographics

Median Age 38.7
Male median age 30.1
Female median age 45.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 55 — Moderate
34.2%
Good air days/yr
215
Max AQI recorded
294
PM2.5 days
69
Ozone days

Frequently Asked Questions

What is the cost of living in Winfield, IN?

Winfield has a cost index of 139 (100 = national average). It is 39% above the national average.

What is average rent in Winfield, IN?

The median gross rent in Winfield is $1,981 per month based on 2023 Census data.

What is the average home price in Winfield?

The median home value in Winfield is $401,200 according to 2023 Census ACS data.

What is the median income in Winfield?

The median household income in Winfield is $128,980 per year (2023 ACS 5-year estimates).

What is the sales tax in Winfield, IN?

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

Is Winfield, IN affordable?

Winfield is above average in cost of living, with an index of 139 — about 39% higher than the national average.