Plainfield, IN

Below Avg · 88

Indiana · Population 35,783 · Updated March 2026

$1,313
Median Rent / Month
$85,074
Median Income
$263,900
Median Home Value
$1,234
Owner Costs / Month

Affordability

How far your income goes in Plainfield

18.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Indiana

State-level tax rates that affect your costs

3.05%
Income Tax (Top Rate)
7.0%
Sales Tax
0.83%
Property Tax Rate

Estimated Annual Costs

$15,756
Annual Rent
$2,595
State Income Tax
$2,190
Property Tax (est.)

Cost of Living Overview

Plainfield offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 88 (where 100 equals the national median), Plainfield residents can expect to pay median rent of $1,313/month while earning a median household income of $85,074/year.

The median home value in Plainfield, IN is $263,900, with typical monthly owner costs around $1,234 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Indiana has a moderate income tax rate of 3.05%. Combined with a 7.0% sales tax rate and 0.83% effective property tax rate, the overall tax environment is a factor in the total cost of living in Plainfield.

Frequently Asked Questions

Common questions about living costs in Plainfield

What is the cost of living in Plainfield, IN?
The cost of living index in Plainfield, IN is 88 (US average = 100). Median monthly rent is $1,313, median household income is $85,074/year, and the median home value is $263,900.
Is Plainfield, IN affordable?
Yes, Plainfield is more affordable than the national average with a cost index of 88. The rent-to-income ratio is 18.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Plainfield, IN?
The median gross rent in Plainfield, IN is $1,313 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,756.
What is the median household income in Plainfield?
The median household income in Plainfield, IN is $85,074 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Indiana?
Indiana has a top income tax rate of 3.05%, a sales tax of 7.0%, and an effective property tax rate of 0.83%.