Cost of living in Parke County, IN
Population 16,346 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Parke County
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Parke County
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Parke County
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Parke County
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Parke 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 Parke 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 Parke County
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Parke County
What it costs to live in Parke County each month.
- Rent $756
- Energy $199
- Water $50
- Groceries $318
- Transport $320
- Healthcare $480
- Federal tax $498
- State tax $103
- Rent $992
- Energy $239
- Water $60
- Groceries $527
- Transport $420
- Healthcare $864
- Federal tax $763
- State tax $170
- Rent $1,310
- Energy $298
- Water $70
- Groceries $800
- Transport $520
- Healthcare $1,350
- Childcare $1,200
- Federal tax $763
- State tax $170
Frequently asked questions about Parke County
Common questions about cost of living, rent and salary.
What is the average rent in Parke County?
In Parke County, IN, a one-bedroom apartment averages $756 per month, a two-bedroom averages $992 per month, a three-bedroom averages $1,310 per month, according to HUD Fair Market Rent data.
What is the average salary in Parke County?
In Parke County, IN, the average household income is $66,776 per year and individual earnings for full-time workers average $40,507 per year, according to U.S. Census Bureau data.
What is the cost of living in Parke County?
The estimated cost of living in Parke County, IN is approximately $2,724 per month for a single person, $4,035 for a couple, $6,481 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Parke County?
The combined sales tax rate in Parke County, IN is 7.00%, which includes the Indiana state rate of 7.00% plus an average local rate of 0.00%.
Is Parke County an affordable place to live?
Based on the data, a single person in Parke County, IN would need approximately $2,724 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $66,776 per year ($5,565 per month). Parke County is relatively affordable compared to the national average.
How much does healthcare cost in Parke County?
The ACA marketplace benchmark premium in Parke County, IN is approximately $480 per month for an individual. Approximately 15.7% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Parke County?
The average home value in Parke County, IN is $139,300, with average annual property taxes of $691, according to U.S. Census Bureau data.
How does Parke County compare to other areas?
You can compare Parke County, IN with any other US county using our comparison tool at /compare. Parke County is in Indiana.
Other counties in Indiana
Browse the full list of counties in Indiana, ranked by cost of living.
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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