Cost of living in Tipton County, IN
Part of the Indianapolis Metro Area
Population 15,329 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Tipton County
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Tipton County
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Tipton County
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Tipton County
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Tipton 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 Tipton 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 Tipton County
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Tipton County
What it costs to live in Tipton County each month.
- Rent $726
- Energy $199
- Water $50
- Groceries $318
- Transport $320
- Healthcare $480
- Federal tax $647
- State tax $126
- Rent $952
- Energy $239
- Water $60
- Groceries $527
- Transport $420
- Healthcare $864
- Federal tax $952
- State tax $199
- Rent $1,147
- Energy $298
- Water $70
- Groceries $800
- Transport $520
- Healthcare $1,350
- Childcare $1,200
- Federal tax $952
- State tax $199
Frequently asked questions about Tipton County
Common questions about cost of living, rent and salary.
What is the average rent in Tipton County?
In Tipton County, IN, a one-bedroom apartment averages $726 per month, a two-bedroom averages $952 per month, a three-bedroom averages $1,147 per month, according to HUD Fair Market Rent data.
What is the average salary in Tipton County?
In Tipton County, IN, the average household income is $78,309 per year and individual earnings for full-time workers average $49,625 per year, according to U.S. Census Bureau data.
What is the cost of living in Tipton County?
The estimated cost of living in Tipton County, IN is approximately $2,866 per month for a single person, $4,213 for a couple, $6,536 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Tipton County?
The combined sales tax rate in Tipton County, IN is 7.00%, which includes the Indiana state rate of 7.00% plus an average local rate of 0.00%.
Is Tipton County an affordable place to live?
Based on the data, a single person in Tipton County, IN would need approximately $2,866 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $78,309 per year ($6,526 per month). Tipton County is relatively affordable compared to the national average.
How much does healthcare cost in Tipton County?
The ACA marketplace benchmark premium in Tipton County, IN is approximately $480 per month for an individual. Approximately 8.0% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Tipton County?
The average home value in Tipton County, IN is $166,000, with average annual property taxes of $1,069, according to U.S. Census Bureau data.
How does Tipton County compare to other areas?
You can compare Tipton County, IN with any other US county using our comparison tool at /compare. Tipton County is in the Indianapolis-Carmel-Greenwood, IN metro area.
Other counties in Indiana
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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