Hamilton County ranks No. 1 in SmartAsset report on cost of living

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A new study from New York financial technology company SmartAsset shows where people can get the most out of their money, thanks to a favorable cost of living. The study compares median income and cost of living data nationwide to find the counties where people hold the most purchasing power.

(Submitted graph courtesy of SmartAsset)

Rank

County, State

Cost of Living

Median Income

Purchasing Power Index

1

Hamilton, IN

$44,929

$84,635

90.68

2

Hendricks, IN

$39,184

$68,342

83.96

3

Boone, IN

$38,741

$67,416

83.77

4

Hancock, IN

$38,812

$65,517

81.26

5

Porter, IN

$37,239

$62,818

81.20

6

Warrick, IN

$37,953

$62,747

79.58

7

Johnson, IN

$37,559

$60,644

77.72

8

Dearborn, IN

$36,058

$58,000

77.43

9

Posey, IN

$37,807

$59,969

76.35

10

Warren, IN

$36,241

$56,642

75.23

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