Danville, IN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Danville, IN Summary

Cost of living in Danville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Danville is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Danville is 92, with 100 being the average.

  • The cost of living index in Danville is 0.9x lower than the national average.

  • Danville ranks as the #83 cheapest in Indiana out of 124.

  • Danville ranks as the #1,974 cheapest out of 6,412 in the US.

  • The median home value in Danville is $193,800.

  • The median income in Danville is $83,931.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
92
Danville's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Danville, IN?

According to the most recent data on the cost of living, Danville has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.

Compared to Indiana, Danville has a cost of living index that's 1.0x higher than Indiana's index of 91.

The standard of living in Danville ranks as #83 most affordable out of the 124 places we measured in Indiana. By definition, that implies Danville ranks as the #41 most expensive place in the Hoosier State.

For more reading on life in Danville, check out:

83 out of 124
In Indiana
1,974 out of 6,412
In America

Danville Cost Of Living Vs. Indiana

Six factors go into calculating the cost of living index in Danville. Here is how it fairs on each of the criteria:

  • The Services index in Danville is 95.

  • The Groceries index in Danville is 94.

  • The Health index in Danville is 88.

  • The Housing index in Danville is 80.

  • The Transportation index in Danville is 94.

  • The Utilities index in Danville is 100.

Living Expense Danville Indiana National Average
Overall 92 91 100
Services 95 94 100
Groceries 94 96 100
Health 88 101 100
Housing 80 77 100
Transportation 94 95 100
Utilities 100 106 100
For more reading on cost of living around Indiana, check out:
Danville Cost of Living Vs. IN

Danville, IN Housing Cost Breakdown

Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Danville is $193,800.

  • The Median Rent in Danville is $972.

  • The Median Income in Danville is $83,931.

  • The Home Value To Income in Danville is 2.3x.

  • The Rent To Monthly Income in Danville is 0.14x.

Statistic Danville Indiana United States
Median Home Value $193,800 $158,500 $244,900
Median Rent $972 $891 $1,163
Median Income $83,931 $61,944 $69,021
Home Value To Income 2.3x 2.6x 3.5x
Rent To Monthly Income 0.14x 0.17x 0.2x
Search Homes For Sale In Danville, IN
$193,800
Median Home Value
$972
Median Rent
$83,931
Median Income

Danville, IN Costs By Category

Detailed Danville Services Costs Vs. Indiana

Item Danville Indiana
Shampoo $1.03 $1.06
Movie $11.27 $10.68
Bowling $16.9 $14.67
Haircut $17.8 $18.62
Beauty Salon $37.63 $39.05

Detailed Danville Groceries Costs Vs. Indiana

Item Danville Indiana
Ground Beef $4.16 $4.22
Fried Chicken $1.37 $1.39
Milk $1.68 $2.05
Potatoes $2.69 $3.29
Pizza $10.99 $10.62
Beer $8.71 $9.38
Toothpaste $2.02 $2.34

Detailed Danville Health Costs Vs. Indiana

Item Danville Indiana
Optometrist $65.9 $108.57
Doctor $88.25 $116.17
Dentist $92.92 $99.13

Detailed Danville Transportation Costs Vs. Indiana

Item Danville Indiana
Gasoline $2.12 $2.22
Tire Balancing $40.89 $50.07

Detailed Danville Utilities Costs Vs. Indiana

Item Danville Indiana
All Electricity $171.81 $167.67
Phone $184.27 $175.64

Danville SnackAbility

6
/10
Overall SnackAbility
Jobs
9/10
Housing
8
Affordability
9
Diversity
5
Safety
N/A
Amenities
8
Education
8
Commute
6

Cost Of Living In Cities Around Danville

The cost of living varies in the cities and towns around Danville. Here's a quick look at the cost of living in the most populous nearby places:

  • Indianapolis, IN has a cost of living index of 88, 1.0x Danville.

  • Plainfield, IN has a cost of living index of 95, 1.0x Danville.

  • Brownsburg, IN has a cost of living index of 95, 1.0x Danville.

City Population Cost Of Living Vs. Danville
Indianapolis, IN 880,104 88 1.0x
Plainfield, IN 34,311 95 1.0x
Brownsburg, IN 28,420 95 1.0x
Avon, IN 20,848 99 1.1x
Greencastle, IN 9,980 87 0.9x
Mooresville, IN 9,429 89 1.0x

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