Question 1

What is the cost of living in Kokomo, IN?

Accepted Answer

Kokomo, IN's overall price level (BEA Regional Price Parity) is 89.65, where 100 equals the U.S. average. That means everyday goods, services, and housing cost about 10.3% less than the national average. HUD's Fair Market Rent for a 2-bedroom is $1,123/month.

Question 2

What is the average salary in Kokomo, IN?

Accepted Answer

Across the 100 BLS-tracked occupation categories with published data in Kokomo, IN, the average median wage is $73,087. The single highest-paying occupation here is Dentists, General at $174,240/year (BLS OEWS).

Question 3

What are the highest-paying jobs in Kokomo?

Accepted Answer

Based on BLS OEWS data, the top-paying occupations in Kokomo, IN are: 1) Dentists, General at $174,240; 2) Pharmacists at $151,730; 3) Software Developers at $132,390; 4) Facilities Managers at $131,390; 5) Construction Managers at $127,930. Click any occupation above to see the full wage breakdown (10th to 90th percentile).

Question 4

How much does it cost to rent a 2-bedroom apartment in Kokomo?

Accepted Answer

The U.S. Department of Housing and Urban Development's Fair Market Rent (FMR) for a 2-bedroom unit in Kokomo, IN is $1,123/month. FMR is the rent level HUD uses to administer housing assistance and reflects the 40th percentile of standard-quality rentals, updated annually.

Question 5

Where does AffordMap's Kokomo data come from?

Accepted Answer

Salary figures come from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. Cost of living comes from the Bureau of Economic Analysis Regional Price Parities (RPP). Rent comes from HUD Fair Market Rents. All three are federal datasets, updated annually, and free to use. AffordMap pairs them so you can see what a salary actually buys after local costs.

Rank	Occupation	Category	Median salary	Hourly
51	First-Line Supervisors of Office and Administrative Support Workers	Office & Admin	$62K	$29.81/hr
52	Training and Development Specialists	Business & Finance	$62K	$29.65/hr
53	Production, Planning, and Expediting Clerks	Office & Admin	$62K	$29.57/hr
54	Elementary School Teachers, Except Special Education	Education	$61K	N/A
55	First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors	Transportation	$61K	$29.39/hr
56	Carpenters	Construction & Trades	$61K	$29.33/hr
57	Middle School Teachers, Except Special and Career/Technical Education	Education	$61K	N/A
58	Loan Officers	Business & Finance	$61K	$29.22/hr
59	Librarians and Media Collections Specialists	Education	$60K	$29.04/hr
60	Secondary School Teachers, Except Special and Career/Technical Education	Education	$60K	N/A

Top Paying Jobs in Kokomo, IN

Highest paying careers in Kokomo

Affordability snapshot: Kokomo