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Cost of Living

You'll find us very easy on your wallet.

Living the good life in Kokomo - or anywhere in Howard County, Indiana - is very affordable. Try these figures on for size:

Median Household Income in 2007
Sales Tax (State and Local, Effective 04/01/08
Cost of Living Index (U.S. Average = 100)
Cost of Average 3-Bedroom House
Rental Price of Average 2-Bedroom Apartment


Look beyond such numbers, and you'll see that our local real estate market always has a wide range of moderately priced homes available. Of course, we have properties that cater to upper-income, executive-level tastes as well.

The fact is, whatever you need in the way of housing, we can accommodate you - comfortably ... affordably.

Say apartment living better suits your lifestyle. Great! You'll be impressed with the well-maintained rental properties available throughout Howard County.

Senior Citizens especially find apartment living convenient. Two Kokomo complexes - Civic Center Tower and Terrace Tower - are specifically designed for people who are 62 years of age or older. These properties are further designed to accommodate handicapped and disabled residents. Rent is calculated individually and is based on income. For information on these properties, contact the Kokomo Housing Authority at 765.459.3162.

Federally subsidized housing also is available in Kokomo for senior citizens - at Friendship Haven. Call 765.459.9343 for details.

And if you want the lowdown on other factors contributing to the low cost of living in Kokomo and Howard County, contact the Alliance.