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Cost of Living in Urbana, IN

Population: 110 | Indiana

81
Cost of Living Index
US Average = 100

Urbana is 19% less expensive than the national average.

100
Housing
32
Home Values
93
Regional Price

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

With a cost of living index of 81, Urbana, IN is a very affordable place to live. Living here is 19% cheaper than the national average and in line with the Indiana state average. Urbana is a small community of 110 residents.

The median household income in Urbana is $38,462, which is 49% 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
$38,462
vs US Median ($75,149)
-49%

Housing

Median Home Value
$97,600
Median Monthly Housing Cost
$848/mo
→ Best Places to Live in Indiana (2026)

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