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Indianapolis-Carmel-Greenwood, IN

Cost of living in Hendricks County, IN

Part of the Indianapolis Metro Area

Estimated monthly cost
$3,263/mo
for a single person, all categories combined

Population 179,379 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,097 34%
Federal tax $669 21%
Healthcare $480 15%
Transport $320 10%
Groceries $318 10%
Energy $199 6%
State tax $130 4%
Water $50 2%

Rent in Hendricks 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 Hendricks County

Annual earnings figures from the Census ACS.

Household income
$99,988
per year
Individual earnings
$50,975
per year
Per capita
$44,903
per year

Source: ACS 2019-2023 5-Year.

Home values in Hendricks County

Average values reported by homeowners.

Average home value
$281,500
Annual property tax
$2,344

Source: ACS 2019-2023 5-Year

Energy costs in Hendricks 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 Hendricks County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
5.6%

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 Hendricks 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 Hendricks County

Commute patterns and estimated costs.

Average commute
25.2 min
Drive alone
77.0%
Public transit
0.1%
Work from home
13.2%

Source: ACS

Monthly cost estimates for Hendricks County

What it costs to live in Hendricks County each month.

Single person
$3,263
per month
  • Rent $1,097
  • Energy $199
  • Water $50
  • Groceries $318
  • Transport $320
  • Healthcare $480
  • Federal tax $669
  • State tax $130
Couple
$4,954
per month
  • Rent $1,283
  • Energy $239
  • Water $60
  • Groceries $527
  • Transport $420
  • Healthcare $864
  • Federal tax $1,307
  • State tax $254
Family
$7,468
per month
  • Rent $1,669
  • Energy $298
  • Water $70
  • Groceries $800
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $1,307
  • State tax $254

Frequently asked questions about Hendricks County

Common questions about cost of living, rent and salary.

What is the average rent in Hendricks County?

In Hendricks 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 Hendricks County?

In Hendricks County, IN, the average household income is $99,988 per year and individual earnings for full-time workers average $50,975 per year, according to U.S. Census Bureau data.

What is the cost of living in Hendricks County?

The estimated cost of living in Hendricks County, IN is approximately $3,263 per month for a single person, $4,954 for a couple, $7,468 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Hendricks County?

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

Is Hendricks County an affordable place to live?

Based on the data, a single person in Hendricks County, IN would need approximately $3,263 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $99,988 per year ($8,332 per month). Hendricks County is relatively affordable compared to the national average.

How much does healthcare cost in Hendricks County?

The ACA marketplace benchmark premium in Hendricks County, IN is approximately $480 per month for an individual. Approximately 5.6% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Hendricks County?

The average home value in Hendricks County, IN is $281,500, with average annual property taxes of $2,344, according to U.S. Census Bureau data.

How does Hendricks County compare to other areas?

You can compare Hendricks County, IN with any other US county using our comparison tool at /compare. Hendricks 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 Hendricks 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