How Much Are Utilities In Indiana?

by | Last updated on January 24, 2024

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The website that aims to help movers estimates Indiana residents pay an average of

$411.36 a month

for utilities: $108.09 for electricity, $103.17 for natural gas, $60.16 for internet, $100 for cable television, and $40 for water.

What is the average water bill in Indiana?

State Indiana Avg. Total Utilities
$347
Electric
$117
Internet
$30
Nat. Gas
$122

What are typical utility costs?

The typical U.S. family spends

$2,060 on average per year for home utility bills

, according to EnergyStar.gov. What you pay depends on several factors, including the size and quality of your living space, the surrounding climate, and your usage patterns.

What is the average cost of living in Indiana?

COST OF LIVING Indiana United States
Grocery


92.9


100

Health


82.2


100

Housing


61.7


100

Median Home Cost


$186,100


$291,700

How much is electricity monthly Indiana?

State Average Electric Rate: January 2021 $ Monthly Electric Cost Indiana 12.25

$109.88
Kansas 11.87 $106.47 Kentucky 10.46 $93.83 Louisiana 9.58 $85.93

How much is a gallon of water on a water bill?

Water is a bargain.

The average price of water in the United States is about $1.50 for 1,000 gallons. At that price, a gallon of water

costs less than one penny

.

How much is an electric bill for a 3 bedroom house?

Average kW⋅h used × Average ¢ per kW⋅h ÷ 100 = Average Electric Bill. With that said, the average electricity bill for a 3-bedroom house with two residents would be anywhere between $87 and $93. In comparison, the average electricity bill for a 3-bedroom house with three residents would be

around $93 to $100

.

How do you calculate utility costs?

While it can be hard to pinpoint precisely how much your electric and water bill will cost you each month, credit counseling agencies suggest planning to pay anywhere from

5% to 10% of your annual income

for all of your utilities.

How much does the average person spend on gas a month 2020?

Nearly 90% of U.S. households report spending money on gasoline, an average of nearly $3,000 per year. The average cost of gas per month is

$250

.

Does the rent include utilities?

Does Rent Include Utilities? It depends, but in general,

rent will not include all of your utilities

, and you should plan and budget accordingly. While your landlord might cover a few utility bills, tenants will almost certainly be on the hook for the majority of utilities.

How much money do you need to make to live comfortably in Indiana?

1 ADULT 2 ADULTS (1 WORKING) 0 Children 1 Child Required annual income after taxes $23,105

$45,650
Annual taxes $4,850 $9,583 Required annual income before taxes $27,955 $55,232

Why is Indiana so cheap?

Indiana is

cheap because the income tax is only 3.23%

, which is extremely low compared to other states in the United States. Finally, the cost of living in Indiana is lower than in most states, making it a very cheap place to live overall. …

Is Indiana a poor state?

Similar to its individual high poverty ranking, Indiana continues to be ranked the

fifth-highest state

in the region by the number of tracts with high child poverty between 1980 and 2016. However, it ranks third in the percentage of tracts with high child poverty.

How much does 1 kw hour cost?

The average electricity rate is

12.55 cents per kilowatt hour

(kWh). The average price a residential customer in the United States pays for electricity is 13.31 cents per kWh.

Who has the cheapest electricity per kWh?

  1. Hawaii – 33.53 cents per kWh. …
  2. Alaska – 17.58 cents per kWh. …
  3. Connecticut – 16.98 cents per kWh. …
  4. New York – 16.25 cents per kWh. …
  5. Rhode Island – 15.57 cents per kWh. …
  6. Massachusetts – 15.34 cents per kWh. …
  7. New Hampshire – 15.25 cents per kWh.

How much does the average person spend on gas a month in Indiana?

State Average Gas Bill Hawaii $232.20 Idaho $52.89 Illinois $96.99 Indiana

$103.17
Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.