Cost of living in Fayette County, IN
Population 23,390 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Fayette County
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Fayette County
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Fayette County
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Fayette County
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Fayette County
Insurance premiums and coverage rates.
Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.
Taxes in Fayette County
State and local tax rates for Indiana.
Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.
Transportation in Fayette County
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Fayette County
What it costs to live in Fayette County each month.
- Rent $708
- Energy $199
- Water $50
- Groceries $318
- Transport $320
- Healthcare $480
- Federal tax $470
- State tax $99
- Rent $928
- Energy $239
- Water $60
- Groceries $527
- Transport $420
- Healthcare $864
- Federal tax $597
- State tax $144
- Rent $1,155
- Energy $298
- Water $70
- Groceries $800
- Transport $520
- Healthcare $1,350
- Childcare $1,200
- Federal tax $597
- State tax $144
Frequently asked questions about Fayette County
Common questions about cost of living, rent and salary.
What is the average rent in Fayette County?
In Fayette County, IN, a one-bedroom apartment averages $708 per month, a two-bedroom averages $928 per month, a three-bedroom averages $1,155 per month, according to HUD Fair Market Rent data.
What is the average salary in Fayette County?
In Fayette County, IN, the average household income is $56,659 per year and individual earnings for full-time workers average $38,811 per year, according to U.S. Census Bureau data.
What is the cost of living in Fayette County?
The estimated cost of living in Fayette County, IN is approximately $2,644 per month for a single person, $3,779 for a couple, $6,134 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Fayette County?
The combined sales tax rate in Fayette County, IN is 7.00%, which includes the Indiana state rate of 7.00% plus an average local rate of 0.00%.
Is Fayette County an affordable place to live?
Based on the data, a single person in Fayette County, IN would need approximately $2,644 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $56,659 per year ($4,722 per month). Fayette County has a moderate cost of living relative to local earnings.
How much does healthcare cost in Fayette County?
The ACA marketplace benchmark premium in Fayette County, IN is approximately $480 per month for an individual. Approximately 6.0% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Fayette County?
The average home value in Fayette County, IN is $114,800, with average annual property taxes of $878, according to U.S. Census Bureau data.
How does Fayette County compare to other areas?
You can compare Fayette County, IN with any other US county using our comparison tool at /compare. Fayette County is in the Connersville, IN metro area.
Other counties in Indiana
Browse the full list of counties in Indiana, ranked by cost of living.
See all counties in IndianaCompare Fayette County with another area
Put two counties side by side to see how rent, taxes and everyday costs stack up.
About this data
All figures on this page come from official U.S. government sources, listed below.
- HUD FMR FY2025
- ACS 2019-2023 5-Year
- EIA
- ACS + national avg
- ACS
- USDA + BEA RPP