CostByCity

Cost of Living in South Bend, IN

2024 data from the Bureau of Economic Analysis

Cost Index
92.9
7.1% below avg
Housing Index
74.6
Median Income
$62,448
Median Rent
$958/mo

Cost Breakdown

Overall92.9 (-7.1%)
Housing74.6 (-25.4%)
Goods94.2 (-5.8%)
Utilities87.7 (-12.3%)
Other Services99.2 (-0.8%)

National average = 100

Income & Housing

Median Household Income
$62,448/year
Median Home Value
$168,300
Median Monthly Rent
$958/mo
Per Capita Income
$34,678/year

Compare South Bend, IN With

Frequently Asked Questions

Is South Bend, IN expensive to live in?
South Bend, IN has a cost of living index of 92.9, which is 7.1% below the national average.
How much does housing cost in South Bend, IN?
Housing costs in South Bend, IN are indexed at 74.6 compared to the national average of 100. The median monthly rent is $958.
What is the average income in South Bend, IN?
The median household income in South Bend, IN is $62,448 per year.
What is the average home price in South Bend, IN?
The median home value in South Bend, IN is $168,300.