Salary Needed to Live in Bloomington as a Single
A single adult living independently needs approximately $16,875/year to live comfortably in Bloomington, IN — including 10% savings.
Comfortable Salary
$16,875
with 10% savings
Bare Minimum
$14,595
no savings buffer
Monthly Expenses
$900
17% below national avg
Detailed Monthly Budget for a Single in Bloomington
| Expense | Bloomington | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $115 | $113 | +2% |
| 🛒 Groceries | $18 | $17 | +6% |
| ⚡ Utilities | $12 | $14 | -14% |
| 🚗 Transportation | $25 | $26 | -4% |
| 🛡️ Car Insurance | $111 | $211 | -47% |
| 🏥 Health Insurance | $51 | $53 | -4% |
| Internet | $57 | $65 | -12% |
| Phone | $75 | $85 | -12% |
| Dining & Social | $264 | $300 | -12% |
| Entertainment | $106 | $120 | -12% |
| Personal Care | $66 | $75 | -12% |
| Total Monthly | $900 | $1,079 | -17% |
How We Calculated the Salary
Monthly expenses:$900
Target savings (10%):$116/mo
Monthly after-tax needed:$1,016
Effective tax rate:26%
Gross annual salary needed:$16,875
Other Household Types in Bloomington
Related Pages
FAQ
What salary does a single person need in Bloomington?
A single person needs approximately $16,875/year ($1,406/month gross) to live comfortably in Bloomington with a 10% savings rate.
How much is rent for a single person in Bloomington?
A studio/1br in Bloomington costs approximately $115/month, which is the largest single expense at 13% of the total budget.
Is Bloomington affordable for a single person?
Yes, Bloomington is 17% more affordable than the national average for a single person.