Cost of Living in Greenwood, IN
Overall index: 86 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 71 | -29% | $876 |
| Transportation | 98 | -2% | $3.50 |
| Food | 105 | +5% | $431 |
| Utilities | 86 | -14% | $128 |
| Healthcare | 86 | -14% | $92 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Greenwood?
A single adult living comfortably in Greenwood, IN needs approximately $30,100 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Greenwood, IN?
The overall cost of living in Greenwood, IN is 14% lower than the US national average (index: 86 where 100 = national average).
How much is rent in Greenwood, IN?
Average rent for a 1-bedroom apartment in Greenwood, IN is about $876/month.
Is Greenwood, IN expensive to live in?
No, Greenwood, IN is affordable (below national average).
What salary do I need to live in Greenwood, IN?
A single adult needs roughly $30,100/year to cover basic living costs in Greenwood, IN.