Cost of Living in Granger, IN: Rent, Income & Home Prices

CheapRent takes 17 cents of every $1 people earn here.

🏠 Rent per month (2026)$1,8314% higher than U.S. average

💵 Families earn per year (2026)$132,998about $11,083/month · 53% higher than U.S. average

🔑 House price$331,100same as U.S. average

Rent is higher than in 59% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (95.3%) are owned, so rentals can be hard to find. It is a highly educated city: 56.3% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $73,240 a year. That is $35 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 119 of 132 cities from cheapest to most expensive.

Granger

$1,831

$1,525

$1,152

$1,642

$1,139

$2,001

$1,014

How much do households earn in Granger?

Under $25k

4.1%

$25k–50k

14.0%

$50k–100k

31.1%

$100k–150k

23.9%

$150k+

25.2%

Share of households by yearly income. 49.1% of households earn $100,000 or more.

Rent by apartment size in Granger

Size	Granger	U.S. average
2 bedrooms	$2,278	$1,509
3 bedrooms	$1,709	$1,698

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

How expensive is Granger overall?

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

Housing

Goods (food, clothes…)

Utilities

Other services

U.S. average

100

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

Taxes and bills in Granger

🏛️ Property tax$2,747a year · 0.83% of home value · U.S. $3,119

⚡ Electric bill$154a month (typical) · U.S. $156

Life in Granger

Commute to work21.9 minU.S.: 26.4 min

College degree56.3%U.S.: 35.7%

Own their home95.3%U.S.: 65.2%

Below poverty line4.7%U.S.: 12.5%

Unemployment4.4%U.S.: 5.2%

Is it cheaper to rent or buy in Granger?

Renting is cheaper right now: about $466 a month less.

Renting

$1,831

Owning

$2,297

Owning assumes a typical $331,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,110 for the down payment.

Frequently asked questions

What is the average rent in Granger, IN?

Renting in Granger costs a median of about $1,831 a month in 2026, including utilities. The Indiana median is $1,219.

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

To keep rent under 30% of income, you need about $73,240 a year, or $35 an hour at a full-time job.

Is Granger cheap or expensive?

Granger is rated Cheap: rent takes 16.5% of the typical household income of $132,998. It ranks 119th cheapest of 132 Indiana cities we track.

How much are property taxes in Granger?

The median homeowner in Granger pays $2,747 a year in property taxes, about 0.83% of the median home value.

Is Granger 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 Granger?

The median home value in Granger is $331,100, about 2.5 times the typical yearly household income.

30,321 people live in Granger. Numbers are typical (middle) values.

Is Granger, IN expensive to live in?