Can A Bus Driver Afford Rent in Kokomo, IN?

Comfortably affordable — rent takes 27.7% of gross income.

Kokomo rent: September 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

Kokomo median rent
$1,099/mo
Bus Driver salary (Indiana)
$47,674/yr
Rent as % of income
27.7%
Gross monthly income works out to about $3,973, and the 30% rule supports up to $1,192/mo in rent. Kokomo's median rent of $1,099 leaves roughly $93/mo of headroom under that threshold. A bus driver works roughly 47.9 hours a month to cover that rent.

About rent and a bus driver salary

Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.

Cheaper rent nearby

These Indiana cities have lower median rent than Kokomo, which improves the affordability math on a bus driver salary:

Michigan City, IN
$1,097/mo (27.6% of income)
Goshen, IN
$1,096/mo (27.6% of income)
Shelbyville, IN
$1,095/mo (27.6% of income)

Compare with full rent data for Kokomo

View full rent data for Kokomo, IN →

Frequently asked questions

Can a bus driver afford rent in Kokomo, IN?

Median rent in Kokomo is $1,099 a month. A typical bus driver in Indiana earns about $47,674 a year, which makes that rent 27.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a bus driver afford in Kokomo?

Using the 30% rule, a bus driver salary in Indiana (~$47,674/yr) supports up to $1,192 a month in rent. Kokomo's current median rent is $1,099/mo, which leaves a $93/mo buffer.

How many hours does a bus driver work to cover rent in Kokomo?

At an hourly equivalent of about $23 an hour, a bus driver in Indiana works roughly 47.9 hours a month to cover Kokomo's median rent of $1,099.

Where is rent cheaper than Kokomo for a bus driver?

Nearby Indiana cities with lower median rent include Michigan City ($1,097/mo), Goshen ($1,096/mo), Shelbyville ($1,095/mo). Each shifts the affordability math materially on a bus driver salary.

Methodology: Salary uses the BLS-derived Indiana state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Kokomo, IN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.