Cost of Living in Homecroft, IN
Population: 801 | Indiana
Homecroft is 9% less expensive than the national average.
Cost of Living in Homecroft, IN: What You Need to Know
With a cost of living index of 91, Homecroft, IN is slightly more affordable than average. Living here is 9% cheaper than the national average and 13% above the Indiana state average of 78. Homecroft is a small community of 801 residents.
The median household income in Homecroft is $83,333, which is 11% higher than the national median of $75,149.
Everyday prices in the Indianapolis-Carmel-Greenwood, 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
- $83,333
- vs US Median ($75,149)
- +11%
Housing
- Median Home Value
- $214,800
- Median Monthly Housing Cost
- $1,155/mo
Everyday Prices in Homecroft
BLS Average Prices for the Indianapolis-Carmel-Greenwood, IN (Metropolitan Statistical Area) area