Cost of living index

South Bend, IN

92.9 / 100

Living in South Bend, IN is 7.1% cheaper than the US average — the #215 of 387 highest nationally.

Median rent: $1,013/mo

Median home value: $183,800

Figures — including the cost index, median rent, and median home value — cover the wider South Bend, IN metropolitan area, not individual neighbourhoods or city boundaries.

Winter
34° / 20°F
(1° / -7°C)
7.4 in precip
Spring
58° / 38°F
(14° / 3°C)
10 in precip
Summer
81° / 60°F
(27° / 16°C)
11.8 in precip
Fall
61° / 42°F
(16° / 6°C)
10 in precip

30-year climate normals (1991–2020) from SOUTH BEND MICHIANA RGNL AP, via NOAA.

The South Bend, IN metro area has an overall price level of 92.9 compared with the national average of 100, meaning everyday costs run about 7.1% lower than a typical US metro. Housing tells the sharper story: at 74.6 it is 25.4% below the national average. Housing rents are often one of the largest sources of difference between metro areas, so this figure can have a significant impact when comparing locations.

Overall#215 of 387
92.9
Goods#282 of 387
94.2
Housing rents#224 of 387
74.6
Utilities#229 of 387
87.7
Other services#136 of 387
99.2

South Bend, IN is moved down the most by housing rents, at 74.6 vs a US average of 100, while the closest to average is other services.

See all 12 metros in Indiana →See the cheapest and most expensive US metros →

Figures on this page come from the US Bureau of Economic Analysis (BEA) Regional Price Parities dataset, 2024 — the most recent year published. An index of 100 marks the national average; a metro above 100 has higher prices than a typical US metro, below 100 lower. Median rent and median home value are from the US Census Bureau’s American Community Survey (ACS) 2023 5-year estimates, and seasonal weather is from NOAA’s 1991–2020 climate normals. These are regional figures only, not a complete personal budget — they don’t account for individual spending habits, taxes, or household circumstances. See the full methodology for how the index and salary-equivalent estimates are calculated.

Compare My City is an independent project and is not operated by, endorsed by, or affiliated with the Bureau of Economic Analysis, the Census Bureau, or NOAA.

Is South Bend, IN an expensive place to live?

South Bend, IN has an overall cost-of-living index of 92.9, where 100 is the US average. That makes it about 7.1% cheaper than the country as a whole.

Is housing expensive in South Bend, IN?

Housing rents in South Bend, IN score 74.6 against a US average of 100 — roughly 25.4% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

How does South Bend, IN compare to the US average cost of living?

Overall prices in South Bend, IN sit at 92.9 versus 100 for the US average, with housing at 74.6. Figures come from the US Bureau of Economic Analysis for 2024.