Warsaw, IN Cost Of Living
Cost Of Living In Warsaw, IN Summary
Cost of living in Warsaw 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 Warsaw 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 Warsaw is 86, with 100 being the average.
The cost of living index in Warsaw is 0.9x lower than the national average.
Warsaw ranks as the #48 cheapest in Indiana out of 124.
Warsaw ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Warsaw is $137,200.
The median income in Warsaw is $55,295.
Table Of Contents
Warsaw's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Warsaw, IN?
According to the most recent data on the cost of living, Warsaw has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Indiana, Warsaw has a cost of living index that's 0.9x lower than Indiana's index of 91.
The standard of living in Warsaw ranks as #48 most affordable out of the 124 places we measured in Indiana. By definition, that implies Warsaw ranks as the #76 most expensive place in the Hoosier State.
For more reading on life in Warsaw, check out:
- Living In Warsaw
- Warsaw Crime Report
- Search Homes For Sale In Warsaw, IN
In Indiana
In America
Warsaw Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Warsaw. Here is how it fairs on each of the criteria:
The Services index in Warsaw is 93.
The Groceries index in Warsaw is 96.
The Health index in Warsaw is 107.
The Housing index in Warsaw is 69.
The Transportation index in Warsaw is 95.
The Utilities index in Warsaw is 97.
| Living Expense | Warsaw | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 86 | 91 | 100 | |
| Services | 93 | 94 | 100 | |
| Groceries | 96 | 96 | 100 | |
| Health | 107 | 101 | 100 | |
| Housing | 69 | 77 | 100 | |
| Transportation | 95 | 95 | 100 | |
| Utilities | 97 | 106 | 100 | |
Warsaw, 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 Warsaw is $137,200.
The Median Rent in Warsaw is $859.
The Median Income in Warsaw is $55,295.
The Home Value To Income in Warsaw is 2.5x.
The Rent To Monthly Income in Warsaw is 0.19x.
| Statistic | Warsaw | Indiana | United States |
|---|---|---|---|
| Median Home Value | $137,200 | $158,500 | $244,900 |
| Median Rent | $859 | $891 | $1,163 |
| Median Income | $55,295 | $61,944 | $69,021 |
| Home Value To Income | 2.5x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Warsaw, IN Costs By Category
Detailed Warsaw Services Costs Vs. Indiana
Detailed Warsaw Groceries Costs Vs. Indiana
Detailed Warsaw Health Costs Vs. Indiana
Detailed Warsaw Transportation Costs Vs. Indiana
Detailed Warsaw Utilities Costs Vs. Indiana
Warsaw SnackAbility
/10
Cost Of Living In Cities Around Warsaw
The cost of living varies in the cities and towns around Warsaw. Here's a quick look at the cost of living in the most populous nearby places:
Fort Wayne, IN has a cost of living index of 84, 1.0x Warsaw.
Goshen, IN has a cost of living index of 87, 1.0x Warsaw.
Granger, IN has a cost of living index of 105, 1.2x Warsaw.
| City | Population | Cost Of Living | Vs. Warsaw |
|---|---|---|---|
| Fort Wayne, IN | 262,676 | 84 | 1.0x |
| Goshen, IN | 34,792 | 87 | 1.0x |
| Granger, IN | 30,394 | 105 | 1.2x |
| New Haven, IN | 15,922 | 84 | 1.0x |
| Auburn, IN | 13,281 | 85 | 1.0x |
| Sturgis, MI | 11,067 | 83 | 1.0x |
| Nappanee, IN | 7,132 | 83 | 1.0x |
| Dunlap, IN | 7,097 | 88 | 1.0x |
| Garrett, IN | 6,592 | 84 | 1.0x |
| North Manchester, IN | 5,269 | 85 | 1.0x |
