Cost of Living in Decatur County, Indiana

$828/mo

Median Monthly Rent

$189,900

Median Home Value

6% below state averageUnaffordable

At a Glance

Median Monthly Rent

$828/mo

6% below state average

Median Home Value

$189,900

33% below national

Rent-to-Income Ratio

21.0%

% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating

Unaffordable

Rent over 50% of income

How Decatur County Compares

Median monthly rent comparison

Decatur County$828/mo

Indiana Average$883/mo

National Median$1,163/mo

Detailed Housing Stats

$828/mo

Median Gross Rent

$189,900

Median Home Value

$938/mo

Monthly Owner Cost

21.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Decatur County, Indiana

Decatur County's above-average position

Decatur County renters spend 13.4% of their $74,228 income on housing—below both the national and Indiana state averages while earning nearly identical to the U.S. median of $74,755. This favorable combination makes Decatur one of the region's affordability leaders.

Decatur ranks among Indiana's best

Decatur County's 13.4% rent-to-income ratio sits well below Indiana's average of 15.6%, placing it among the state's most affordable counties. At $828 monthly, median rent is nearly $55 below the state average, contributing to this strong affordability position.

Decatur competes with top markets

Decatur County's $828 monthly rent ranks among the region's lowest, undercut only by Crawford ($629) but matching Cass and undercutting Clark and Clinton. Combined with solid median income of $74,228, Decatur delivers a 13.4% rent-to-income ratio that competes with Dearborn and Daviess.

Decatur's balanced housing equation

Decatur residents earning $74,228 allocate $828 to rent or $938 to mortgage payments—consuming 13.4% and 15.2% of income respectively. Median home values of $189,900 position ownership as accessible relative to strong local wages.

Decatur offers premium affordability

If you're relocating to Indiana and seeking the best combination of housing affordability and wage stability, Decatur County ranks among your top choices with a 13.4% rent-to-income ratio. Compare it directly with Daviess and Dearborn counties for the state's most favorable relocations.

Affordability Calculator

See how your income compares to housing costs in Decatur County

Your Annual Household Income

Rent Burden

13.4%

of gross income

Max Housing (28% Rule)

$1,732

per month

Owner Cost Burden

15.2%

of gross income

You can likely afford the median home in Decatur County

Median home value is $189,900. Estimated monthly cost: $1,516 vs. your max of $1,732.

Rent Affordability Guide

Your rent-to-income ratio13.4%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Decatur County, Indiana?

Decatur County, Indiana has a median monthly rent of $828/mo and a median home value of $189,900. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.

What is the median rent in Decatur County?

The median gross rent in Decatur County is $828/mo. This is 6% below state average for Indiana.

Is Decatur County affordable?

Decatur County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Decatur County's rent compare to the state average?

Decatur County's median rent of $828/mo is 6% below state average of $883/mo for Indiana.

What is the median home value in Decatur County?

The median home value in Decatur County, Indiana is $189,900. This is 33% below the national median home value of $281,900.