Cost of Living in Otwell, IN
Population: 430 | Indiana
Otwell is 17% less expensive than the national average.
Cost of Living in Otwell, IN: What You Need to Know
With a cost of living index of 83, Otwell, IN is a very affordable place to live. Living here is 17% cheaper than the national average and 5% above the Indiana state average of 78. Otwell is a small community of 430 residents.
The median household income in Otwell is $47,422, which is 37% lower than the national median of $75,149. 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
- $47,422
- vs US Median ($75,149)
- -37%
Housing
- Median Home Value
- $126,200