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Cost of Living in Plainfield, IN

Population 36,369 · Census ACS 2020–2024 5-year estimates

Median rent$1,499
Median home value$280,600
Median household income$87,272

The median rent in Plainfield, IN is $1,499/month, 41% higher than the Indiana median and 6% higher than the U.S. median. The median home value is $280,600, 16% lower than the national median. Households earn a median of $87,272 a year, 21% higher than the state median.

Affordability

Rent as a share of median income: 20.6%
Income needed for median rent (30% rule): $59,960/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,419/mo

Run your own numbers: mortgage calculator · hourly to salary

Plainfield vs. Indiana vs. U.S.

PlainfieldIndianaU.S.
Median rent$1,499$1,062$1,413
Median home value$280,600$218,200$332,700
Median household income$87,272$71,957$80,734
Homeownership rate62.3%70.6%65.2%
Bachelor's degree or higher32.7%29.5%35.7%
Poverty rate8.1%12.3%12.5%
Unemployment rate3.6%4.3%5.2%
Work from home13.7%10.7%15.1%
Median age38.438.138.9

FAQ

What is the average rent in Plainfield, IN?

The median gross rent in Plainfield, IN is $1,499 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $59,960 a year in gross income.

Is Plainfield, IN expensive to live in?

Rent there is 6% higher than the U.S. median, and the median home costs about 3.2 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

Burnsville, MNRent $1,513 · Income $87,024Coon Rapids, MNRent $1,494 · Income $88,251Taylorsville, UTRent $1,482 · Income $86,413Westminster, MDRent $1,476 · Income $86,219Westmont, ILRent $1,533 · Income $88,090Lexington, SCRent $1,545 · Income $87,126

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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