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Last updated on Tuesday, November 27, 2018
(UNDATED) - A new study by the Missouri Economic Research and Information Center found Indiana had the third lowest cost of living in the Midwest and the ninth lowest nationally in the third quarter.
Indiana had a cost of living index of 90 on a scale of 56.4 to 186.3, trailing only Missouri and Kansas in the Midwest. For contrast, California had a cost-of-living index of 137.2 and Hawaii, the most expensive state in the U.S., had an index of 188.9.
The Hoosier state has indices of 75.5 for housing, 90.1 for groceries, 97.4 for utilities, 99.4 for transportation and 96.2 for health care.
Indiana's low cost of living is in line with its lower incomes.
On average, Indiana residents who work full-time earn $2,100 less a year than other Midwesterners, and make about $0.67 less an hour in today's dollars than they did in 2004, the study found.
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