Cost of Living in Fort Branch, IN
Population: 3,412 | Indiana
Fort Branch is 25% less expensive than the national average.
Cost of Living in Fort Branch, IN: What You Need to Know
With a cost of living index of 75, Fort Branch, IN is a very affordable place to live. Living here is 25% cheaper than the national average and 3% below the Indiana state average of 78. Fort Branch is a small community of 3,412 residents.
Housing costs are the biggest factor in Fort Branch's cost of living. The median monthly rent is $911 (31% below the US median of $1,319), and the median home value sits at $181,900 (40% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.
The median household income in Fort Branch is $62,500, which is 17% lower than the national median of $75,149. Residents spend roughly 17% 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
- $62,500
- vs US Median ($75,149)
- -17%
Housing
- Median Rent
- $911/mo
- Median Home Value
- $181,900
- Median Monthly Housing Cost
- $863/mo