CostByCity

Cost of Living in Kokomo, IN

2024 data from the Bureau of Economic Analysis

Cost Index
89.6
10.4% below avg
Housing Index
59.3
Median Income
$62,014
Median Rent
$855/mo

Cost Breakdown

Overall89.6 (-10.4%)
Housing59.3 (-40.7%)
Goods94.3 (-5.7%)
Utilities86.3 (-13.7%)
Other Services99.1 (-0.9%)

National average = 100

Income & Housing

Median Household Income
$62,014/year
Median Home Value
$143,100
Median Monthly Rent
$855/mo
Per Capita Income
$33,391/year

Compare Kokomo, IN With

Kokomo, IN vs Lima, OHKokomo, IN vs Montgomery, ALKokomo, IN vs Wichita Falls, TXKokomo, IN vs Altoona, PAKokomo, IN vs Longview, TXKokomo, IN vs Victoria, TXKokomo, IN vs Dalton, GAKokomo, IN vs Columbia, MOKokomo, IN vs Canton, OHKokomo, IN vs El Paso, TX

Frequently Asked Questions

Is Kokomo, IN expensive to live in?
Kokomo, IN has a cost of living index of 89.6, which is 10.4% below the national average.
How much does housing cost in Kokomo, IN?
Housing costs in Kokomo, IN are indexed at 59.3 compared to the national average of 100. The median monthly rent is $855.
What is the average income in Kokomo, IN?
The median household income in Kokomo, IN is $62,014 per year.
What is the average home price in Kokomo, IN?
The median home value in Kokomo, IN is $143,100.