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Indianapolis-Carmel-Greenwood, IN

Cost of living in Hamilton County, IN

Part of the Indianapolis Metro Area

Estimated monthly cost
$3,475/mo
for a single person, all categories combined

Population 357,176 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,097 32%
Federal tax $853 25%
Healthcare $480 14%
Transport $320 9%
Groceries $318 9%
Energy $199 6%
State tax $158 5%
Water $50 1%

Rent in Hamilton County

Fair Market Rents by bedroom count.

Studio
$955
per month
1 bedroom
$1,097
per month
2 bedroom
$1,283
per month
3 bedroom
$1,669
per month
4 bedroom
$2,028
per month

Source: HUD FMR FY2025

Income and earnings in Hamilton County

Annual earnings figures from the Census ACS.

Household income
$117,957
per year
Individual earnings
$62,031
per year
Per capita
$58,929
per year

Source: ACS 2019-2023 5-Year.

Home values in Hamilton County

Average values reported by homeowners.

Average home value
$379,100
Annual property tax
$3,340

Source: ACS 2019-2023 5-Year

Energy costs in Hamilton County

Estimated monthly electricity and gas costs.

Electricity
$142
per month · 15.8¢/kWh
Natural gas
$57
per month
Annual total
$2,388
per year

Source: EIA

Healthcare in Hamilton County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
4.2%

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 Hamilton County

State and local tax rates for Indiana.

State income tax
3.0%
Flat rate
State sales tax
7.0%
Combined sales tax
7.0%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Hamilton County

Commute patterns and estimated costs.

Average commute
25.8 min
Drive alone
71.0%
Public transit
0.0%
Work from home
20.7%

Source: ACS

Monthly cost estimates for Hamilton County

What it costs to live in Hamilton County each month.

Single person
$3,475
per month
  • Rent $1,097
  • Energy $199
  • Water $50
  • Groceries $318
  • Transport $320
  • Healthcare $480
  • Federal tax $853
  • State tax $158
Couple
$5,294
per month
  • Rent $1,283
  • Energy $239
  • Water $60
  • Groceries $527
  • Transport $420
  • Healthcare $864
  • Federal tax $1,601
  • State tax $300
Family
$7,808
per month
  • Rent $1,669
  • Energy $298
  • Water $70
  • Groceries $800
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $1,601
  • State tax $300

Frequently asked questions about Hamilton County

Common questions about cost of living, rent and salary.

What is the average rent in Hamilton County?

In Hamilton County, IN, a one-bedroom apartment averages $1,097 per month, a two-bedroom averages $1,283 per month, a three-bedroom averages $1,669 per month, according to HUD Fair Market Rent data.

What is the average salary in Hamilton County?

In Hamilton County, IN, the average household income is $117,957 per year and individual earnings for full-time workers average $62,031 per year, according to U.S. Census Bureau data.

What is the cost of living in Hamilton County?

The estimated cost of living in Hamilton County, IN is approximately $3,475 per month for a single person, $5,294 for a couple, $7,808 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Hamilton County?

The combined sales tax rate in Hamilton County, IN is 7.00%, which includes the Indiana state rate of 7.00% plus an average local rate of 0.00%.

Is Hamilton County an affordable place to live?

Based on the data, a single person in Hamilton County, IN would need approximately $3,475 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $117,957 per year ($9,830 per month). Hamilton County is relatively affordable compared to the national average.

How much does healthcare cost in Hamilton County?

The ACA marketplace benchmark premium in Hamilton County, IN is approximately $480 per month for an individual. Approximately 4.2% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Hamilton County?

The average home value in Hamilton County, IN is $379,100, with average annual property taxes of $3,340, according to U.S. Census Bureau data.

How does Hamilton County compare to other areas?

You can compare Hamilton County, IN with any other US county using our comparison tool at /compare. Hamilton County is in the Indianapolis-Carmel-Greenwood, IN metro area.

Other counties in Indiana

Browse the full list of counties in Indiana, ranked by cost of living.

See all counties in Indiana

Compare Hamilton 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
Methodology All data sources