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Cost of Living in Thayer, IN

Population: 447 | Indiana

85
Cost of Living Index
US Average = 100

Thayer is 15% less expensive than the national average.

100
Housing
49
Home Values
93
Regional Price

Cost of Living in Thayer, IN: What You Need to Know

With a cost of living index of 85, Thayer, IN is a very affordable place to live. Living here is 15% cheaper than the national average and 7% above the Indiana state average of 78. Thayer is a small community of 447 residents.

The median household income in Thayer is $45,391, which is 40% 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
$45,391
vs US Median ($75,149)
-40%

Housing

Median Home Value
$150,700
Median Monthly Housing Cost
$1,002/mo
→ Best Places to Live in Indiana (2026)

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