Indiana · Census, HUD and BEA figures · Updated

Cost of Living in Wabash County, IN

Prices around Wabash County, IN run 6.7% below the U.S. average (BEA, Indiana). The typical household there earns $66,806 a year, and HUD puts a two-bedroom at $956 a month. Keeping that rent under 30% of income takes about $38,240 a year.

Wabash County, IN at a glance

Median household income

$66,806$5,567 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$956HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.3-6.7% · BEA, Indiana
Electricity17.5¢per kWh · EIA Residential IN
Population30,844Census ACS 5-year estimate

How much rent can you afford in Wabash 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$956Monthly market rent
Share of gross income17.2%Recommended max: 30%
Annual income needed$38,240To meet the 30% standard
Max affordable rent$1,670At 30% of $66,806
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Wabash County, IN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$685$8,220$27,40012.3%
1-Bedroom Apartment$729$8,748$29,16013.1%
2-Bedroom ApartmentBenchmark$956$11,472$38,24017.2%
3-Bedroom Home$1,146$13,752$45,84020.6%
4-Bedroom Home$1,266$15,192$50,64022.7%

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

What a typical income covers in Wabash County, IN

The 50/30/20 rule applied to the local median of $66,806 a year ($5,567 a month before tax).

Needs (50%)$2,784/moRent ($956 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,670/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,113/moEmergency fund, retirement, paying down loans

What $66,806 leaves after Indiana taxes

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

$66,806
$25,000$135,000
Filing status:
Gross salary breakdown$66,806
Net 81%
Fed 9%
IN 3%
FICA 8%
Annual take-home$53,887After all taxes
Monthly deposit$4,491Estimated per month
Biweekly paycheck$2,073Every 2 weeks (26/yr)
Effective tax rate19.3%Total tax burden
Federal income tax$5,867 / yr
Indiana state income tax$1,941 / yr
FICA (Social Security & Medicare)$5,111 / yr

Living in Wabash County, IN: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Wabash County, IN is $66,806 per year (approximately $5,567 per month).

What is the average rent in Wabash County, IN?

The closest official figure is HUD's Fair Market Rent for 2026: $685 for a studio, $729 for one bedroom, $956 for two, $1,146 for three and $1,266 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 Wabash 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 Wabash County, IN?

To keep a $956 two-bedroom under 30% of gross income, a household needs about $38,240 a year, or $3,187 a month. That is 57% of what the typical household in Wabash County, IN earns.

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

On the local median income of $66,806 ($5,567 a month before tax), the 50/30/20 rule leaves $2,784 a month for needs like rent, utilities and groceries, $1,670 for everything else and $1,113 for savings or debt. A two-bedroom at $956 takes 34% of the needs share.

How much is the electric bill in Wabash 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.