Cost Of Living in Hidden Valley, IN

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Hidden Valley	Indiana	National
Cost of living	103	90	100
Goods & Services	102	94	100
Groceries	102	98	100
Health care	103	96	100
Housing	106	72	100
Transportation	102	95	100
Utilities	100	107	100

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Cost Of Living Quick Facts

The cost of living in Hidden Valley is 15% higher than the Indiana average
The cost of living in Hidden Valley is 3% higher than the national average
Hidden Valley housing is 6% higher than the national average
Indiana general sales tax is 37% higher than the national average
Indiana state income tax is 21% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$103,269	$8,606	$2,409	$3,098
Renters	$0	$0	$0	$0

A good indicator of the general affordability of housing in Hidden Valley, IN, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Hidden Valley, the median monthly income is $103,269 for those who own their own homes. Under the standard rule, that income level would allow for $2,409 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $0, per the median income in the area. That would allow for renters to spend up to $0 on monthly rental expenses.

Indiana Sales Tax

State	General Sales Tax	With Max Surtax
Indiana	7%	7%

Indiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Indiana	3.15%	3.15%

Goods & Services

Item	Hidden Valley	National avg.	Difference
Haircut	$25.13	$24.26	3.6%
Beauty Salon	$37.93	$45.56	16.7%
Toothpaste	$3.60	$3.70	2.7%
Shampoo	$1.27	$1.28	0.6%
Movie	$14.35	$12.13	18.3%
Bowling	$17.56	$18.00	2.5%

Groceries

Item	Hidden Valley	National avg.	Difference
Ground Beef	$5.91	$5.84	1.2%
Fried Chicken	$1.72	$1.57	9.1%
Milk	$4.80	$4.67	2.7%
Potatoes	$5.05	$4.93	2.3%
Pizza	$11.92	$12.09	1.4%
Beer	$10.63	$10.41	2.1%

Health Care

Item	Hidden Valley	National avg.	Difference
Optometrist	$105.42	$125.68	16.1%
Doctor	$159.40	$135.78	17.4%
Dentist	$106.67	$113.29	5.8%
Ibuprofen	$10.68	$10.65	0.3%
Lipitor	$497.02	$468.60	6.1%

Housing

Item	Hidden Valley	National avg.	Difference
Home Price	$195,600.00	$184,700.00	5.9%
Avg. Mortgage Payment	$1,993.26	$2,346.69	15.1%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Hidden Valley	National avg.	Difference
Gasoline	$3.27	$3.46	5.6%
Tire Balancing	$73.09	$59.92	22.0%

Utilities

Item	Hidden Valley	National avg.	Difference
All Electricity	$197.10	$193.99	1.6%
Phone	$186.48	$192.25	3.0%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Shawnee, OH	1,054	102	1.7%
Petersburg, KY	368	102	1.7%
Elizabethtown, OH	284	80	20.4%
Hooven, OH	326	81	19.1%
Shawnee village, OH	541	83	17.2%
Hidden Valley, IN	5,075	103	3.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Vinton, IA	5,075	92	8.4%
Paxtonia, PA	5,075	106	5.7%
Bowie, TX	5,075	98	1.6%
Creve Coeur, IL	5,074	81	19.0%
Timber Pines, FL	5,076	96	4.2%
Hidden Valley, IN	5,075	103	3.0%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Hidden Valley, IN