States › Indiana › Cumberland

Is Cumberland, IN expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,28027% lower than U.S. average
💵 Families earn per year (2026)$94,222about $7,852/month · 8% higher than U.S. average
🔑 House price$239,20028% lower than U.S. average

Rent is lower than in 70% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $51,200 a year. That is $25 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 76 of 132 cities from cheapest to most expensive.

Cumberland
$1,280
Rochester
$959
Huntingburg
$1,043
Mount Vernon
$875
Portland
$522
Dunlap
$1,406
Gas City
$996

How much do households earn in Cumberland?

Under $25k
12.5%
$25k–50k
15.5%
$50k–100k
38.7%
$100k–150k
26.3%
$150k+
6.9%

Share of households by yearly income. 33.3% of households earn $100,000 or more.

Rent by apartment size in Cumberland

SizeCumberlandU.S. average
1 bedroom$1,138$1,324
2 bedrooms$1,216$1,509

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

How expensive is Cumberland 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 Cumberland, so the Indiana figure is shown.

Taxes and bills in Cumberland

🏛️ Property tax$2,255a year · 0.94% of home value · U.S. $3,119
⚡ Electric bill$151a month (typical) · U.S. $156

Life in Cumberland

Commute to work24.2 minU.S.: 26.4 min
College degree28.1%U.S.: 35.7%
Own their home71.3%U.S.: 65.2%
Below poverty line6.4%U.S.: 12.5%
Unemployment3.7%U.S.: 5.2%

Is it cheaper to rent or buy in Cumberland?

Renting is cheaper right now: about $380 a month less.

Renting
$1,280
Owning
$1,660

Owning assumes a typical $239,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,920 for the down payment.

Frequently asked questions

What is the average rent in Cumberland, IN?

Renting in Cumberland costs a median of about $1,280 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Cumberland?

To keep rent under 30% of income, you need about $51,200 a year, or $25 an hour at a full-time job.

Is Cumberland cheap or expensive?

Cumberland is rated Cheap: rent takes 16.3% of the typical household income of $94,222. It ranks 76th cheapest of 132 Indiana cities we track.

How much are property taxes in Cumberland?

The median homeowner in Cumberland pays $2,255 a year in property taxes, about 0.94% of the median home value.

Is Cumberland 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 Cumberland?

The median home value in Cumberland is $239,200, about 2.5 times the typical yearly household income.

6,267 people live in Cumberland. Numbers are typical (middle) values.