College Costs in Kokomo, IN 2026
Compare tuition, housing, and financial aid across 3 colleges in Kokomo, 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
$400
per month
Colleges & Universities
3
institutions
Kokomo Overview
Population
58,211
Student Population
3,589 (6.2%)
Cost of Living Index
80.5 (avg: 100)
Walk Score
44/100
Transit Score
24/100
Unemployment Rate
2.6%
College Cost Calculator for Kokomo
Cost Inputs
Total Cost (4 Years, Public In-State)
$94,992
Total After Financial Aid
$94,992
Annual Cost
$23,748
Annual After Aid
$23,748
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $94,992 |
| Monthly Payment | $1,079 |
| Total Interest | $34,442 |
| Total Loan Cost | $129,434 |
Universities in Kokomo
| University | Type | Annual Tuition |
|---|---|---|
| Kokomo State University | Public | $9,500 |
| Kokomo Community College | Community | $5,471 |
Kokomo has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Kokomo vs. National Average
| Category | Kokomo | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $10,200 | $10,940 | -$740 |
| Monthly Rent Near Campus | $400 | $1,050 | -$650 |
| Cost of Living Index | 80.5 | 100 | -19.5 |
Kokomo'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 Kokomo
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
3,589 students
Kokomo has a total population of 58,211, with approximately 3,589 college students (6.2% of the population). While not primarily a college town, Kokomo offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.
Post-Graduation Outlook in Kokomo
$26,436
Starting Salary
2.6%
Unemployment Rate
69%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Kokomo earn a median starting salary of $26,436, which is -$8,564 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $94,992 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $14,221 per student per year, the net cost and payback period can be significantly reduced.
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