Crown Point, IN Cost Of Living
Cost Of Living In Crown Point, IN Summary
Cost of living in Crown Point research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Crown Point is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Crown Point is 98, with 100 being the average.
The cost of living index in Crown Point is 1.0x lower than the national average.
Crown Point ranks as the #97 cheapest in Indiana out of 128.
Crown Point ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Crown Point is $354,414.
The median income in Crown Point is $95,757.
Table Of Contents
Crown Point's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Crown Point, IN?
According to the most recent data on the cost of living, Crown Point has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Indiana, Crown Point has a cost of living index that's 1.1x higher than Indiana's index of 92.
The standard of living in Crown Point ranks as #97 most affordable out of the 128 places we measured in Indiana. By definition, that implies Crown Point ranks as the #31 most expensive place in the Hoosier State.
For more reading on life in Crown Point, check out:
In Indiana
In America
Crown Point Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Crown Point. Here is how it fairs on each of the criteria:
The Services index in Crown Point is 97.
The Groceries index in Crown Point is 95.
The Health index in Crown Point is 88.
The Housing index in Crown Point is 113.
The Transportation index in Crown Point is 97.
The Utilities index in Crown Point is 91.
| Living Expense | Crown Point | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 98 | 92 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 95 | 97 | 100 | |
| Health | 88 | 94 | 100 | |
| Housing | 113 | 73 | 100 | |
| Transportation | 97 | 94 | 100 | |
| Utilities | 91 | 107 | 100 | |
Crown Point, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Crown Point is $354,414.
The Median Rent in Crown Point is $1,369.
The Median Income in Crown Point is $95,757.
The Home Value To Income in Crown Point is 3.7x.
The Rent To Monthly Income in Crown Point is 0.17x.
| Statistic | Crown Point | Indiana | United States |
|---|---|---|---|
| Median Home Value | $354,414 | $251,301 | $303,400 |
| Median Rent | $1,369 | $1,020 | $1,348 |
| Median Income | $95,757 | $70,051 | $78,538 |
| Home Value To Income | 3.7x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Crown Point, IN Costs By Category
Detailed Crown Point Services Costs Vs. Indiana
| Item | Crown Point | Indiana |
|---|---|---|
| Shampoo | $1.46 | $1.28 |
| Movie | $8.75 | $12.13 |
| Bowling | $18.33 | $18 |
| Haircut | $23.56 | $24.26 |
| Beauty Salon | $42.28 | $45.56 |
Detailed Crown Point Groceries Costs Vs. Indiana
| Item | Crown Point | Indiana |
|---|---|---|
| Ground Beef | $6.31 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.96 | $4.93 |
| Pizza | $13.8 | $12.09 |
| Beer | $10.43 | $10.41 |
| Toothpaste | $3.77 | $3.7 |
Detailed Crown Point Health Costs Vs. Indiana
| Item | Crown Point | Indiana |
|---|---|---|
| Optometrist | $93.66 | $125.68 |
| Doctor | $120.22 | $135.78 |
| Dentist | $113.44 | $113.29 |
Detailed Crown Point Transportation Costs Vs. Indiana
| Item | Crown Point | Indiana |
|---|---|---|
| Gasoline | $3.17 | $3.46 |
| Tire Balancing | $61.36 | $59.92 |
Detailed Crown Point Utilities Costs Vs. Indiana
| Item | Crown Point | Indiana |
|---|---|---|
| All Electricity | $157.45 | $193.99 |
| Phone | $197.49 | $192.25 |
Crown Point SnackAbility
/10
Cost Of Living In Cities Around Crown Point
The cost of living varies in the cities and towns around Crown Point. Here's a quick look at the cost of living in the most populous nearby places:
Merrillville, IN has a cost of living index of 101, 1.0x Crown Point.
Hobart, IN has a cost of living index of 98, 1.0x Crown Point.
Schererville, IN has a cost of living index of 111, 1.1x Crown Point.
| City | Population | Cost Of Living | Vs. Crown Point |
|---|---|---|---|
| Merrillville, IN | 36,343 | 101 | 1.0x |
| Hobart, IN | 29,646 | 98 | 1.0x |
| Schererville, IN | 29,627 | 111 | 1.1x |
| Lansing, IL | 28,415 | 99 | 1.0x |
| St. John, IN | 21,639 | 107 | 1.1x |
| South Holland, IL | 21,016 | 106 | 1.1x |
| Dolton, IL | 20,979 | 97 | 1.0x |
| Park Forest, IL | 20,898 | 91 | 0.9x |
| Homewood, IL | 19,471 | 102 | 1.0x |
| Griffith, IN | 16,228 | 100 | 1.0x |
