States › Indiana › Beech Grove

Is Beech Grove, IN expensive to live in?

ExpensiveRent takes 32 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,44917% lower than U.S. average
💵 Families earn per year (2026)$53,896about $4,491/month · 38% lower than U.S. average
🔑 House price$182,60045% lower than U.S. average

Rent is lower than in 61% of U.S. cities. A typical house costs about 3.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $57,960 a year. That is $28 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

No. Rent here is more expensive than in most of Indiana. It is number 94 of 132 cities from cheapest to most expensive.

Beech Grove
$1,449
Cedar Lake
$1,493
Chesterton
$1,565
New Haven
$1,231
Frankfort
$1,003
Speedway
$1,441
Jasper
$1,090

How much do households earn in Beech Grove?

Under $25k
15.1%
$25k–50k
36.0%
$50k–100k
28.3%
$100k–150k
12.0%
$150k+
1.4%

Share of households by yearly income. 13.4% of households earn $100,000 or more.

Rent by apartment size in Beech Grove

SizeBeech GroveU.S. average
1 bedroom$1,044$1,324
2 bedrooms$1,231$1,509
3 bedrooms$1,347$1,698
4 bedrooms$1,543$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Beech Grove overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Beech Grove, so the Indiana figure is shown.

Taxes and bills in Beech Grove

🏛️ Property tax$1,805a year · 0.99% of home value · U.S. $3,119
⚡ Electric bill$125a month (typical) · U.S. $156

Life in Beech Grove

Commute to work21.2 minU.S.: 26.4 min
College degree23.9%U.S.: 35.7%
Own their home56.2%U.S.: 65.2%
Below poverty line11.1%U.S.: 12.5%
Unemployment4.4%U.S.: 5.2%

Is it cheaper to rent or buy in Beech Grove?

Buying is cheaper month to month: about $182 a month less than renting.

Renting
$1,449
Owning
$1,267

Owning assumes a typical $182,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,260 for the down payment.

Frequently asked questions

What is the average rent in Beech Grove, IN?

Renting in Beech Grove costs a median of about $1,449 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Beech Grove?

To keep rent under 30% of income, you need about $57,960 a year, or $28 an hour at a full-time job.

Is Beech Grove cheap or expensive?

Beech Grove is rated Expensive: rent takes 32.3% of the typical household income of $53,896. It ranks 94th cheapest of 132 Indiana cities we track.

How much are property taxes in Beech Grove?

The median homeowner in Beech Grove pays $1,805 a year in property taxes, about 0.99% of the median home value.

Is Beech Grove more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Beech Grove?

The median home value in Beech Grove is $182,600, about 3.4 times the typical yearly household income.

14,913 people live in Beech Grove. Numbers are typical (middle) values.