Rent is lower than in 57% 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 $60,680 a year. That is $29 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 102 of 132 cities from cheapest to most expensive.
How much do households earn in Griffith?
Share of households by yearly income. 20.9% of households earn $100,000 or more.
Rent by apartment size in Griffith
| Size | Griffith | U.S. average |
|---|---|---|
| 1 bedroom | $1,162 | $1,324 |
| 2 bedrooms | $1,441 | $1,509 |
| 3 bedrooms | $1,876 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Griffith overall?
Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Griffith, so the Indiana figure is shown.
Taxes and bills in Griffith
Life in Griffith
Is it cheaper to rent or buy in Griffith?
Buying is cheaper month to month: about $59 a month less than renting.
Owning assumes a typical $210,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,010 for the down payment.
Frequently asked questions
What is the average rent in Griffith, IN?
Renting in Griffith costs a median of about $1,517 a month in 2026, including utilities. The Indiana median is $1,219.
How much do I need to make to live in Griffith?
To keep rent under 30% of income, you need about $60,680 a year, or $29 an hour at a full-time job.
Is Griffith cheap or expensive?
Griffith is rated OK: rent takes 22.0% of the typical household income of $82,652. It ranks 102nd cheapest of 132 Indiana cities we track.
How much are property taxes in Griffith?
The median homeowner in Griffith pays $1,796 a year in property taxes, about 0.85% of the median home value.
Is Griffith 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 Griffith?
The median home value in Griffith is $210,100, about 2.5 times the typical yearly household income.
16,273 people live in Griffith. Numbers are typical (middle) values.