It's no secret that prices have been soaring over the last year. Like you, my grocery bill is much higher than it once was, and I've been astounded at how quickly the cost of goods has gone up. Just last week, I was shopping at Walmart and needed to pick up some fake butter (margarine), and I definitely had some sticker shock. It had probably been about two years since I bought a four-stick pack because I usually use whole butter. Regardless, the last time I bought margarine, it was just fifty cents, but now the cost has more than doubled to $1.43.

According to Bankrate, average credit card rates in 2024 are at a record high, and 32% of people have less emergency savings than they did last year. In fact, the amount of cash the average American has stashed away is at the lowest percentage in five years. Author Hacker reports that, in response to the harsh economic reality, 39% of Americans are working side hustles in addition to their full-time jobs to pay the bills. The website dove even further by breaking down the most common side hustles by state. Here are the top three in Indiana:

Part-Time Home Rental

Being a part-time landlord may take a little bit of start-up capital, but it could be worth it in the end. According to ZipRecruiter, the annual pay for a landlord in Indiana is $82,238 a year. That's about $1,581 per week, or $6,853 per month. While this amount will vary greatly depending on what type of home you rent out and where, it's still an opportunity to put a little bit of extra cash in your pocket.

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DoorDash Delivery

The three highest-paying cities for DoorDash delivery in Indiana, according to Indeed, are Muncie at $19.92 per hour, Indianapolis at $20.90 per hour, and Evansville at $21.61 per hour. So, if you live in the Evansville area and need to make a couple bucks, DoorDash could be your solution. That said, you will need a car and unwavering patience for traffic.

Virtual Assistant

According to WeWork, the virtual assistant trend has grown tremendously in recent years. These at-home workers perform administrative duties, such as making phone calls, arranging travel, or organizing emails. There are a variety of part-time positions available, spanning a broad range of companies. Data compiled from ZipRecruiter shows the pay range for this type of job in Indiana can range anywhere from $11 per hour to well over $30 per hour.

While these may be the most popular side hustle jobs among hoosiers, there are certainly plenty of other ways to make some cash (legally). You could start a pressure washing business, a lawncare business, or even get into the food truck game. If you want something simpler, you can always try flipping items on eBay or Facebook Marketplace. Who knows? You might even find something you really like and turn it into a well-paying career down the road.

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Gallery Credit: Jake Foster

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