Cost of Living in Avilla, IN
Population: 2,637 | Indiana
Avilla is 34% less expensive than the national average.
Cost of Living in Avilla, IN: What You Need to Know
With a cost of living index of 66, Avilla, IN is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 12% below the Indiana state average of 78. Avilla is a small community of 2,637 residents.
Housing costs are the biggest factor in Avilla's cost of living. The median monthly rent is $633 (52% below the US median of $1,319), and the median home value sits at $174,500 (43% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.
The median household income in Avilla is $73,250, which is 3% lower than the national median of $75,149. Residents spend roughly 10% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $73,250
- vs US Median ($75,149)
- -3%
Housing
- Median Rent
- $633/mo
- Median Home Value
- $174,500
- Median Monthly Housing Cost
- $905/mo