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Cost of Living in Muncie, IN

Population 64,751 · Census ACS 2020–2024 5-year estimates

Median rent$904
Median home value$97,300
Median household income$44,471

The median rent in Muncie, IN is $904/month, 15% lower than the Indiana median and 36% lower than the U.S. median. The median home value is $97,300, 71% lower than the national median. Households earn a median of $44,471 a year, 38% lower than the state median.

Affordability

Rent as a share of median income: 24.4%
Income needed for median rent (30% rule): $36,160/yr
Home price-to-income ratio: 2.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $492/mo

Run your own numbers: mortgage calculator · hourly to salary

Muncie vs. Indiana vs. U.S.

MuncieIndianaU.S.
Median rent$904$1,062$1,413
Median home value$97,300$218,200$332,700
Median household income$44,471$71,957$80,734
Homeownership rate52.0%70.6%65.2%
Bachelor's degree or higher26.1%29.5%35.7%
Poverty rate29.2%12.3%12.5%
Unemployment rate7.8%4.3%5.2%
Work from home7.8%10.7%15.1%
Median age29.738.138.9

FAQ

What is the average rent in Muncie, IN?

The median gross rent in Muncie, IN is $904 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Muncie, IN?

Using the common 30% rule, renting a median-priced home takes about $36,160 a year in gross income.

Is Muncie, IN expensive to live in?

Rent there is 36% lower than the U.S. median, and the median home costs about 2.2 times the median household income.

Other cities in Indiana

Indianapolis city, INRent $1,156 · Income $66,219Fort Wayne, INRent $999 · Income $61,422Evansville, INRent $975 · Income $53,387South Bend, INRent $1,033 · Income $55,786Fishers, INRent $1,611 · Income $130,203Carmel, INRent $1,712 · Income $141,505

Cities with a similar cost of living

Jackson, MIRent $898 · Income $44,558Huntington, WVRent $912 · Income $45,100Bowling Green, OHRent $897 · Income $45,154Mount Pleasant, MIRent $922 · Income $44,706Dayton, OHRent $918 · Income $45,247Elmira, NYRent $909 · Income $43,120

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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