College Costs in Greenwood, IN 2026
Compare tuition, housing, and financial aid across 3 colleges in Greenwood, Indiana. Use our free calculator to estimate your total cost.
Avg Public Tuition
$10,200
per year
Avg Private Tuition
$34,000
per year
Avg Rent Near Campus
$675
per month
Colleges & Universities
3
institutions
Greenwood Overview
Population
63,830
Student Population
4,747 (7.4%)
Cost of Living Index
90.8 (avg: 100)
Walk Score
52/100
Transit Score
15/100
Unemployment Rate
3.6%
College Cost Calculator for Greenwood
Cost Inputs
Total Cost (4 Years, Public In-State)
$91,064
Total After Financial Aid
$91,064
Annual Cost
$22,766
Annual After Aid
$22,766
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $91,064 |
| Monthly Payment | $1,034 |
| Total Interest | $33,018 |
| Total Loan Cost | $124,082 |
Universities in Greenwood
| University | Type | Annual Tuition |
|---|---|---|
| Greenwood State University | Public | $10,342 |
| Greenwood Community College | Community | $4,886 |
Greenwood has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Greenwood vs. National Average
| Category | Greenwood | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $10,200 | $10,940 | -$740 |
| Monthly Rent Near Campus | $675 | $1,050 | -$375 |
| Cost of Living Index | 90.8 | 100 | -9.200000000000003 |
Greenwood's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Greenwood
Walk Score
Somewhat Walkable
Transit Score
Minimal Transit
Student Population
4,747 students
Greenwood has a total population of 63,830, with approximately 4,747 college students (7.4% of the population). While not primarily a college town, Greenwood offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.
Post-Graduation Outlook in Greenwood
$38,957
Starting Salary
3.6%
Unemployment Rate
63%
Graduation Rate
~23 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Greenwood earn a median starting salary of $38,957, which is $3,957 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $91,064 (including room and board), it would take approximately 23 years of the salary premium to recoup the investment. With average financial aid of $8,768 per student per year, the net cost and payback period can be significantly reduced.
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