Cost of Living in Fayette County, IN

What does it cost to live in Fayette County? Income, housing, and affordability breakdown.

Median Income

$52,219

Median Rent

$763/mo

Median Home

$99,100

Affordability

728

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$501
Property Tax$64
Insurance$33

Total Monthly$598
% of Income13.7%

Renting

Median Rent$763
Renter's Insurance$25

Total Monthly$788
% of Income17.5%

Living in Fayette County, Indiana

Fayette County has a median household income of $52,219 with housing costs that represent 13.7% of income for owners and 17.5% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 728 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Indiana

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.