Cost of Living in Brownstown, IN
Population: 3,020 | Indiana
Brownstown is 32% less expensive than the national average.
Cost of Living in Brownstown, IN: What You Need to Know
With a cost of living index of 69, Brownstown, IN is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 10% below the Indiana state average of 78. Brownstown is a small community of 3,020 residents.
Housing costs are the biggest factor in Brownstown's cost of living. The median monthly rent is $810 (39% below the US median of $1,319), and the median home value sits at $138,100 (55% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.
The median household income in Brownstown is $62,222, which is 17% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $62,222
- vs US Median ($75,149)
- -17%
Housing
- Median Rent
- $810/mo
- Median Home Value
- $138,100
- Median Monthly Housing Cost
- $702/mo