Kokomo, IN
Discover how far your salary goes in Kokomo. Compare taxes, rent, and living costs.
59,604
3.1%
$1,120
/month
-20%
below avg
How far would your salary go in Kokomo?
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Rent Prices in Kokomo
Studio
$896
/month
$10,752/year
1 Bedroom
$1,120
/month
$13,440/year
2 Bedroom
$1,512
/month
$18,144/year
3 Bedroom
$1,960
/month
$23,520/year
Taxes in Indiana
State Income Tax
Indiana
For a $100k salary, that's ~$3,150/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workFrequently Asked Questions
What is the cost of living in Kokomo, IN?▼
Kokomo has a cost of living index of 92, which is 8% below the national average. A 1-bedroom apartment costs around $1,120/month.
What is the state income tax in Indiana?▼
Indiana has a state income tax rate of approximately 3.1%. This is in addition to federal income tax.
How much is rent in Kokomo?▼
The median rent for a 1-bedroom apartment in Kokomo is $1,120/month. For a 2-bedroom, expect to pay around $1,512/month. This is 20% below the national average.
Is Kokomo a good place to live?▼
Kokomo is a small city with a population of 59,604. The cost of living is below average, making it more affordable than average for the US.
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