Cost of living in Kokomo, Indiana
Simple answer
Typical rent is $939 a month.
Kokomo is a city in Indiana. That rent number includes utilities. A typical household earns $55,360 a year.
- People
- 59,122
- Census average, 2020–2024
- Typical rent
- $939
- Median gross rent, includes utilities
- Typical pay
- $55,360
- Median household income, yearly
- Typical home
- $137,400
- Median home value
- 2-bedroom fair rent
- $1,179
- Kokomo, IN MSA
Kokomo, Indiana has about 59,122 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $137,400.
HUD's fair-market rent for a 2-bedroom in Howard County is $1,179 a month. That is the county number, not an apartment listing in Kokomo. It runs from October 2026 through September 2027.
In the Kokomo, IN metro area, prices sit at 89.6 when the U.S. average is 100. That is a 2024 BEA index.
Indiana taxes wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not Kokomo'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 Kokomo bill.
In July 2026, a typical Indiana home paid 16.73¢ per kilowatt-hour. That is a state average from EIA, not Kokomo'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, 138 have higher typical rent than Kokomo.
Nearby places
- Russiaville
Typical rent $931
Compare with Kokomo - Galveston
Typical rent $633
Compare with Kokomo - Greentown
Typical rent $850
Compare with Kokomo - Tipton
Typical rent $848
Compare with Kokomo - Grissom AFB
Typical rent $878
Compare with Kokomo - Elwood
Typical rent $860
Compare with Kokomo - Peru
Typical rent $826
Compare with Kokomo - Arcadia
Typical rent $971
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.
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.