The website that aims to help movers estimates Indiana residents pay an average of $411.36 a month for utilities: $108.09 for electricity, $103.17 for natural gas, $60.16 for internet, $100 for cable television, and $40 for water.
How much on average are utilities in Indiana?
The average Indianapolis homeowner pays about $300 a month for utilities, although that can vary wildly depending on which utilities you have and how much energy you consume. The Citizens Action Coalition, a non-profit that advocates for affordable utility bills, tracks how much consumers are paying.
How much is the average electric bill in Indiana?
Average Electric Bill for Homes
| STATE | JAN | Average |
|---|---|---|
| Illinois | $104 | $112 |
| Indiana | $95 | $102 |
| Iowa | $95 | $108 |
| Kansas | $108 | $118 |
How much does it cost to live in Indiana per month?
Summary about cost of living in Indianapolis, IN, United States: Family of four estimated monthly costs are 3,422$ without rent. A single person estimated monthly costs are 977$ without rent. Indianapolis is 28.76% less expensive than New York (without rent).
How expensive is it to live in Indiana?
According to the Bureau of Economic Analysis , the average cost of living in Indiana will run you around $38,097 per year. When compared to the rest of the nation, Indiana has the 11th lowest cost of living, according to MERIC’s third quarter of 2021 Cost of Living Index.
How much are utilities per month Indiana?
The website that aims to help movers estimates Indiana residents pay an average of $411.36 a month for utilities: $108.09 for electricity, $103.17 for natural gas, $60.16 for internet, $100 for cable television, and $40 for water.
How much do bills cost?
A breakdown of the typical American household’s bills
| Type of bill | Average monthly cost | Percentage of monthly budget |
|---|---|---|
| Rent | $1,129 $1,129 | 20% |
| Auto loan | $433 $433 | 16% |
| Utilities | $328 $328 | 13% |
| Auto insurance | $196 $196 | 8% |
How much is gas monthly in Indiana?
Indiana average gas prices
| Regular | Diesel | |
|---|---|---|
| Current Avg. | $4.595 | $5.385 |
| Yesterday Avg. | $4.598 | $5.384 |
| Week Ago Avg. | $4.417 | $5.381 |
| Month Ago Avg. | $3.920 | $4.933 |
Is Indiana a cheap place to live?
Indiana. With an overall cost of living index of 90.4, Indiana comes in at number ten for most affordable cost of living in the U.S, but that definitely doesn’t mean it’s expensive!
What is the average cost for the water bill in Indiana?
Water Prices by State 2022
| State | Avg. Total Utilities | Water |
|---|---|---|
| Indiana | $347 | $38 |
| West Virginia | $344 | $72 |
| Kentucky | $340 | $49 |
| Missouri | $333 | $38 |
Is Indiana a cheap state?
Indiana is the tenth-cheapest state to live in the United States. Average costs are 10% lower than the national average, and costs in all categories are below the national average. Housing in Indiana is the eighth cheapest in the United States.
What is the cheapest state to live in?
Mississippi
The cost of living in America varies dramatically between each state. From Mississippi being the cheapest state to live in with a median household income of $45,081 to California being the most expensive state with a median household income of $75,235.
How much money do you need to live comfortably in Indiana?
In order to get by, single Hoosiers need to make just under $28,000 before taxes. That’s according to MIT’s Living Wage Calculator. Here’s what a monthly budget looks like for a person making this kind of money: For food, it’s $270.
How much are groceries in Indiana?
Indiana Food Costs
Data from the U.S. Department of Agriculture shows that the cost of food varies from state to state. In Indiana, a single adult spends an average of $2,872 on food annually, and a family of four spends $8,295 on average.
Is Indiana a good place to live?
If you’re looking to jumpstart your career, Indianapolis is ranked 21st in the US. This is due to the healthcare industry and growing technology sector. According to Forbes Magazine, the cost of living in Indianapolis is 7.6% below the national average making it a great place to both live and work.
Is it cheaper to live in Florida or Indiana?
Indiana is 7.2% cheaper than Florida.
What is the average water bill?
$70.93 per month
How much does the average water bill cost? The average American water bill is $70.93 per month. The Environmental Protection Agency (EPA) estimates the average American family uses 300 gallons of water per day.
How much are utilities per month in Indianapolis?
Indianapolis Utilities
In Indianapolis, a basic utility bill, including electricity, heating, cooling, water, and garbage for a 915 sq ft apartment, averages $205.31 a month.
How can I estimate my electric bill?
To calculate your electric bill, you’ll need to figure the energy usage of each of the appliances and electronic devices in your home.
How to Calculate Your Electric Bill
- Multiply the device’s wattage by the number of hours the appliance is used per day.
- Divide by 1000.
- Multiply by your kWh rate.
How much should my monthly bills be?
When it comes to how much you should spend and save each month, NerdWallet advocates the 50/30/20 budget. With this formula, you aim to devote 50% of your take-home pay to needs like rent and insurance, 30% to wants like gym memberships and vacations, and 20% to debt repayment and savings.
What bills do I pay every month?
Regular bills often include:
- Rent or mortgage.
- Electricity.
- Gas.
- Water and sewer.
- Internet/cable/phone.
- Subscription services, such as a gym membership, newspaper, Netflix or Hulu.
- Credit card bills and loan payments.
- Insurance.
