Small Town2,325 people

Lapel, IN

Discover how far your salary goes in Lapel. Compare taxes, rent, and living costs.

Cost Index
88
Below Average
Population

2,325

State Tax

3.1%

1BR Rent

$952

/month

vs National

-32%

below avg

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Rent Prices in Lapel

🏠

Studio

$762

/month

$9,144/year

Most Common
🛏️

1 Bedroom

$952

/month

$11,424/year

🏡

2 Bedroom

$1,285

/month

$15,420/year

🏘️

3 Bedroom

$1,666

/month

$19,992/year

Taxes in Indiana

State Income Tax

Indiana

3.1%

For a $100k salary, that's ~$3,150/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Lapel, IN?

Lapel has a cost of living index of 88, which is 12% below the national average. A 1-bedroom apartment costs around $952/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 Lapel?

The median rent for a 1-bedroom apartment in Lapel is $952/month. For a 2-bedroom, expect to pay around $1,285/month. This is 32% below the national average.

Is Lapel a good place to live?

Lapel is a small town with a population of 2,325. The cost of living is below average, making it more affordable than average for the US.

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