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Lafayette-West Lafayette, IN

Cost of living in Tippecanoe County, IN

Part of the Lafayette Metro Area

Estimated monthly cost
$2,795/mo
for a single person, all categories combined

Population 187,399 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $971 35%
Healthcare $480 17%
Federal tax $373 13%
Transport $320 11%
Groceries $318 11%
Energy $199 7%
State tax $84 3%
Water $50 2%

Rent in Tippecanoe County

Fair Market Rents by bedroom count.

Studio
$831
per month
1 bedroom
$971
per month
2 bedroom
$1,161
per month
3 bedroom
$1,399
per month
4 bedroom
$1,750
per month

Source: HUD FMR FY2025

Income and earnings in Tippecanoe County

Annual earnings figures from the Census ACS.

Household income
$58,622
per year
Individual earnings
$32,861
per year
Per capita
$32,271
per year

Source: ACS 2019-2023 5-Year.

Home values in Tippecanoe County

Average values reported by homeowners.

Average home value
$217,600
Annual property tax
$1,355

Source: ACS 2019-2023 5-Year

Energy costs in Tippecanoe 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 Tippecanoe County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
5.5%

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 Tippecanoe 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 Tippecanoe County

Commute patterns and estimated costs.

Average commute
17.6 min
Drive alone
73.5%
Public transit
2.5%
Work from home
9.9%

Source: ACS

Monthly cost estimates for Tippecanoe County

What it costs to live in Tippecanoe County each month.

Single person
$2,795
per month
  • Rent $971
  • Energy $199
  • Water $50
  • Groceries $318
  • Transport $320
  • Healthcare $480
  • Federal tax $373
  • State tax $84
Couple
$4,049
per month
  • Rent $1,161
  • Energy $239
  • Water $60
  • Groceries $527
  • Transport $420
  • Healthcare $864
  • Federal tax $629
  • State tax $149
Family
$6,415
per month
  • Rent $1,399
  • Energy $298
  • Water $70
  • Groceries $800
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $629
  • State tax $149

Frequently asked questions about Tippecanoe County

Common questions about cost of living, rent and salary.

What is the average rent in Tippecanoe County?

In Tippecanoe County, IN, a one-bedroom apartment averages $971 per month, a two-bedroom averages $1,161 per month, a three-bedroom averages $1,399 per month, according to HUD Fair Market Rent data.

What is the average salary in Tippecanoe County?

In Tippecanoe County, IN, the average household income is $58,622 per year and individual earnings for full-time workers average $32,861 per year, according to U.S. Census Bureau data.

What is the cost of living in Tippecanoe County?

The estimated cost of living in Tippecanoe County, IN is approximately $2,795 per month for a single person, $4,049 for a couple, $6,415 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Tippecanoe County?

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

Is Tippecanoe County an affordable place to live?

Based on the data, a single person in Tippecanoe County, IN would need approximately $2,795 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $58,622 per year ($4,885 per month). Tippecanoe County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Tippecanoe County?

The ACA marketplace benchmark premium in Tippecanoe County, IN is approximately $480 per month for an individual. Approximately 5.5% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Tippecanoe County?

The average home value in Tippecanoe County, IN is $217,600, with average annual property taxes of $1,355, according to U.S. Census Bureau data.

How does Tippecanoe County compare to other areas?

You can compare Tippecanoe County, IN with any other US county using our comparison tool at /compare. Tippecanoe County is in the Lafayette-West Lafayette, 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 Tippecanoe 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