Indiana · Census, HUD and BEA figures · Updated

Cost of Living in Steuben County, IN

Prices around Steuben County, IN run 6.7% below the U.S. average (BEA, Indiana). The typical household there earns $74,911 a year, and HUD puts a two-bedroom at $1,036 a month. Keeping that rent under 30% of income takes about $41,440 a year.

Steuben County, IN at a glance

Median household income

$74,911$6,243 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,036HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.3-6.7% · BEA, Indiana
Electricity17.5¢per kWh · EIA Residential IN
Population34,726Census ACS 5-year estimate

How much rent can you afford in Steuben County, IN?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,036Monthly market rent
Share of gross income16.6%Recommended max: 30%
Annual income needed$41,440To meet the 30% standard
Max affordable rent$1,873At 30% of $74,911
0%30% (Affordability standard)100%
Compare against:

How much is rent in Steuben County, IN? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Steuben County, IN, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Steuben County, IN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$784$9,408$31,36012.6%
1-Bedroom Apartment$790$9,480$31,60012.7%
2-Bedroom ApartmentBenchmark$1,036$12,432$41,44016.6%
3-Bedroom Home$1,337$16,044$53,48021.4%
4-Bedroom Home$1,372$16,464$54,88022%

Rent in Steuben County, IN, with the wage each unit needs →

What a typical income covers in Steuben County, IN

The 50/30/20 rule applied to the local median of $74,911 a year ($6,243 a month before tax).

Needs (50%)$3,121/moRent ($1,036 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,873/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,249/moEmergency fund, retirement, paying down loans

What $74,911 leaves after Indiana taxes

Federal income tax, Social Security, Medicare and Indiana tax on the local median income. Change the salary to see yours.

$74,911
$25,000$150,000
Filing status:
Gross salary breakdown$74,911
Net 79%
Fed 10%
IN 3%
FICA 8%
Annual take-home$59,350After all taxes
Monthly deposit$4,946Estimated per month
Biweekly paycheck$2,283Every 2 weeks (26/yr)
Effective tax rate20.8%Total tax burden
Federal income tax$7,650 / yr
Indiana state income tax$2,180 / yr
FICA (Social Security & Medicare)$5,731 / yr

Living in Steuben County, IN: common questions

What is the median household income in Steuben County, IN?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Steuben County, IN is $74,911 per year (approximately $6,243 per month).

What is the average rent in Steuben County, IN?

The closest official figure is HUD's Fair Market Rent for 2026: $784 for a studio, $790 for one bedroom, $1,036 for two, $1,337 for three and $1,372 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Steuben County, IN expensive to live in?

Prices there run 6.7% below the U.S. average. BEA's regional price parity for Indiana is 93.3, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Steuben County, IN?

To keep a $1,036 two-bedroom under 30% of gross income, a household needs about $41,440 a year, or $3,453 a month. That is 55% of what the typical household in Steuben County, IN earns.

How much do you need to live comfortably in Steuben County, IN?

On the local median income of $74,911 ($6,243 a month before tax), the 50/30/20 rule leaves $3,121 a month for needs like rent, utilities and groceries, $1,873 for everything else and $1,249 for savings or debt. A two-bedroom at $1,036 takes 33% of the needs share.

How much is the electric bill in Steuben County, IN?

Homes in Indiana paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.