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Cost & Benefits

Cost of living in Frankfort, Indiana

Simple answer

Typical rent is $898 a month.

Frankfort is a city in Indiana. That rent number includes utilities. A typical household earns $57,412 a year.

Is Frankfort affordable?See benefits in Frankfort
People
15,917
Census average, 2020–2024
Typical rent
$898
Median gross rent, includes utilities
Typical pay
$57,412
Median household income, yearly
Typical home
$138,600
Median home value
2-bedroom fair rent
$1,063
Clinton County, IN

Frankfort, Indiana has about 15,917 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $138,600.

HUD's fair-market rent for a 2-bedroom in Clinton County is $1,063 a month. That is the county number, not an apartment listing in Frankfort. It runs from October 2026 through September 2027.

Indiana's prices sit at 93.3 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Indiana taxes wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not Frankfort's exact store tax.

Some places in Indiana add a local wage tax. In 2023 the state average was about 0.35% of income. That is not a Frankfort bill.

In July 2026, a typical Indiana home paid 16.73¢ per kilowatt-hour. That is a state average from EIA, not Frankfort's bill.

EIA did not publish a 2025 all-grades gas price for Indiana in the table we use.

Among 320 places we list in Indiana with a rent figure, 169 have higher typical rent than Frankfort.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near FrankfortWhat EBT can buy in Indiana

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Indiana

Bigger places in Indiana

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.