Cost of Living in Foster, IN
Population: 128 | Indiana
Foster is 14% less expensive than the national average.
Cost of Living in Foster, IN: What You Need to Know
With a cost of living index of 86, Foster, IN is a very affordable place to live. Living here is 14% cheaper than the national average and 7% above the Indiana state average of 78. Foster is a small community of 128 residents.
The median household income in Foster is $60,833, which is 19% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Lafayette-West Lafayette, IN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $60,833
- vs US Median ($75,149)
- -19%
Housing
- Median Home Value
- $166,400
- Median Monthly Housing Cost
- $736/mo
Everyday Prices in Foster
BLS Average Prices for the Lafayette-West Lafayette, IN (Metropolitan Statistical Area) area