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Cost of Living in Clark County

Is it better to rent or buy in Clark County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$72,472
$835/mo

Median in area: $835

$137,199

Median in area: $137,199

$27,440

If you Rent

🔑
$1,121 /mo
Base Rent$835
Est. Utilities$286
% of Income18.6%
Pre-tax Residual$4,918

If you Buy

🏠
$1,273 /mo
P&I (7.21%)$746
Taxes & Ins$241
Est. Utilities$286
% of Income21.1%
Pre-tax Residual$4,767

Compare Nearby Areas

See how Clark County stacks up against neighboring areas.

countySullivan County, IN
$854/mo
countyCumberland County, IL
$811/mo
countyCrawford County, IL
$765/mo
countyVigo County, IN
$931/mo
countyEdgar County, IL
$796/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Clark County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Clark County. The estimated all-in monthly cost for renting is $1,121, while owning a median-priced home with a 20% down payment is roughly $1,273 per month (a difference of $152).

How much do utilities cost in Clark County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Clark County is approximately $286. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Clark County?›

To comfortably afford the median rent and utilities in Clark County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $44,840 per year.