Can A Bus Driver Afford Rent in Kokomo, IN?

Comfortably affordable — rent takes 25.6% of gross income.

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

Kokomo median rent
$1,019/mo
Bus Driver salary (Indiana)
$47,674/yr
Rent as % of income
25.6%
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 $1,019 leaves roughly $173/mo of headroom under that threshold. A bus driver works roughly 44.5 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:

Evansville, IN
$1,015/mo (25.5% of income)
Goshen, IN
$1,014/mo (25.5% of income)
East Chicago, IN
$1,013/mo (25.5% 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 $1,019 a month. A typical bus driver in Indiana earns about $47,674 a year, which makes that rent 25.6% 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 $1,019/mo, which leaves a $173/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 44.5 hours a month to cover Kokomo's median rent of $1,019.

Where is rent cheaper than Kokomo for a bus driver?

Nearby Indiana cities with lower median rent include Evansville ($1,015/mo), Goshen ($1,014/mo), East Chicago ($1,013/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.