Indiana Cost Of Living Statistics 2023
– Everything You Need to Know

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Indiana Cost Of Living Statistics 2023: Facts about Cost Of Living in Indiana reflect the current socio-economic condition of the state.


LLCBuddy editorial team did hours of research, collected all important statistics on Indiana Cost Of Living, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to start an Indiana LLC business in 2023? Maybe for educational purposes, business research, or personal curiosity, whatever it is – it’s always a good idea to gather more information.

How much of an impact will Indiana Cost Of Living Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top Indiana Cost Of Living Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 5 Indiana Cost Of Living Statistics on this page 🙂

Indiana Cost Of Living “Latest” Statistics

  • The Social Security cost of living adjustment COLA for January 2022 was reported to have risen by 5.9%, which is the biggest increase in 40 years owing to the rising cost of living at the time.[1]
  • The Bureau of Economic Analysis estimates that Indiana’s average annual cost of living is around $38,097.[2]

Indiana Cost Of Living “Price” Statistics

  • In accordance with a U.S. news world reports survey, Indiana has the ninth lowest vehicle insurance prices nationwide.[2]

Indiana Cost Of Living “Be” Statistics

  • According to MIT’s living wage calculator, the typical single adult in Indiana must make at least $13.44 per hour or $27,955 per year to be considered to be making a living wage.[2]
  • Data from MERIC indicated that Indiana is slightly behind Arkansas in the top 5 most cheap states for food.[2]

Also Read


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About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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