A new study from New York financial technology company SmartAsset shows where people can get the most out of their money, thanks to a favorable cost of living. The study compares median income and cost of living data nationwide to find the counties where people hold the most purchasing power.
(Submitted graph courtesy of SmartAsset)
Rank |
County, State |
Cost of Living |
Median Income |
Purchasing Power Index |
1 |
Hamilton, IN |
$44,929 |
$84,635 |
90.68 |
2 |
Hendricks, IN |
$39,184 |
$68,342 |
83.96 |
3 |
Boone, IN |
$38,741 |
$67,416 |
83.77 |
4 |
Hancock, IN |
$38,812 |
$65,517 |
81.26 |
5 |
Porter, IN |
$37,239 |
$62,818 |
81.20 |
6 |
Warrick, IN |
$37,953 |
$62,747 |
79.58 |
7 |
Johnson, IN |
$37,559 |
$60,644 |
77.72 |
8 |
Dearborn, IN |
$36,058 |
$58,000 |
77.43 |
9 |
Posey, IN |
$37,807 |
$59,969 |
76.35 |
10 |
Warren, IN |
$36,241 |
$56,642 |
75.23 |