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Kokomo, IN

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
43
Very Affordable
Median Home Value
$126,500
National: $426,735
Median Rent
$917/mo
National: $1,527/mo
Household Income
$54,195
National: $84,532
Population
59,375
Purchasing Power
149
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
30 / 100
100 = national average
Rent Index
60 / 100
Overall Index
43
Very Affordable

Kokomo Mortgage Calculator

Pre-filled with the local median home value of $126,500 and Indiana's property tax rate of 0.83%.

Salary & Purchasing Power

Median household income is $54,195 36% below the national average.

What $54,195 in Kokomo Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$190,313+251%
Los Angeles, CA$214,259+295%
Detroit, MI$50,414-7%

Property Tax in Kokomo, IN

Est. Annual Property Tax
$1,050
Monthly Impact
$88
Added to your mortgage
Effective Rate
0.83%
National avg: ~1.00%

Indiana Tax Overview

Tax TypeIndianaNational Avg
Property Tax Rate0.83%1.00%
Top Income Tax Rate3.05%~5.0%
State Sales Tax7%~5.0%

Compare Kokomo to Another City

See how far your salary goes somewhere else.

Cost of Living Comparison

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Kokomo, IN
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Kokomo, IN: 30
Rent Prices
60
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR