Cost of Living in Crothersville, IN

With a cost of living index of 71, Crothersville, IN is one of the most affordable cities in the country. Living here is 29% cheaper than the national average and 7% below the Indiana state average of 78. Crothersville is a small community of 1,701 residents.

Housing costs are the biggest factor in Crothersville's cost of living. The median monthly rent is $967 (27% below the US median of $1,319), and the median home value sits at $112,800 (63% 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 Crothersville is $52,039, which is 31% lower than the national median of $75,149. Residents spend roughly 22% 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.