Crown Point, IN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 99, 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 #104 cheapest in Indiana out of 124.

  • Crown Point ranks as the #3,027 cheapest out of 6,412 in the US.

  • The median home value in Crown Point is $222,700.

  • The median income in Crown Point is $87,500.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
99
Crown Point's Overall Cost Of Living
1.0x
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 99, 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 91.

The standard of living in Crown Point ranks as #104 most affordable out of the 124 places we measured in Indiana. By definition, that implies Crown Point ranks as the #20 most expensive place in the Hoosier State.

For more reading on life in Crown Point, check out:

104 out of 124
In Indiana
3,027 out of 6,412
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 96.

  • The Groceries index in Crown Point is 102.

  • The Health index in Crown Point is 100.

  • The Housing index in Crown Point is 93.

  • The Transportation index in Crown Point is 111.

  • The Utilities index in Crown Point is 90.

Living Expense Crown Point Indiana National Average
Overall 99 91 100
Services 96 94 100
Groceries 102 96 100
Health 100 101 100
Housing 93 77 100
Transportation 111 95 100
Utilities 90 106 100
For more reading on cost of living around Indiana, check out:
Crown Point Cost of Living Vs. IN

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 2017-2021. The key points are:

  • The Median Home Value in Crown Point is $222,700.

  • The Median Rent in Crown Point is $1,218.

  • The Median Income in Crown Point is $87,500.

  • The Home Value To Income in Crown Point is 2.5x.

  • The Rent To Monthly Income in Crown Point is 0.17x.

Statistic Crown Point Indiana United States
Median Home Value $222,700 $158,500 $244,900
Median Rent $1,218 $891 $1,163
Median Income $87,500 $61,944 $69,021
Home Value To Income 2.5x 2.6x 3.5x
Rent To Monthly Income 0.17x 0.17x 0.2x
Search Homes For Sale In Crown Point, IN
$222,700
Median Home Value
$1,218
Median Rent
$87,500
Median Income

Crown Point, IN Costs By Category

Detailed Crown Point Services Costs Vs. Indiana

Item Crown Point Indiana
Shampoo $0.97 $1.06
Movie $8.62 $10.68
Bowling $14.73 $14.67
Haircut $19.15 $18.62
Beauty Salon $32.13 $39.05

Detailed Crown Point Groceries Costs Vs. Indiana

Item Crown Point Indiana
Ground Beef $4.22 $4.22
Fried Chicken $1.52 $1.39
Milk $1.99 $2.05
Potatoes $3.01 $3.29
Pizza $11.69 $10.62
Beer $8.72 $9.38
Toothpaste $2.2 $2.34

Detailed Crown Point Health Costs Vs. Indiana

Item Crown Point Indiana
Optometrist $162.5 $108.57
Doctor $115.78 $116.17
Dentist $94.98 $99.13

Detailed Crown Point Transportation Costs Vs. Indiana

Item Crown Point Indiana
Gasoline $2.33 $2.22
Tire Balancing $63.2 $50.07

Detailed Crown Point Utilities Costs Vs. Indiana

Item Crown Point Indiana
All Electricity $130.12 $167.67
Phone $191.29 $175.64

Crown Point SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8.5
Diversity
8
Safety
N/A
Amenities
8.5
Education
8
Commute
6

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 99, 1.0x Crown Point.

  • Schererville, IN has a cost of living index of 110, 1.1x Crown Point.

City Population Cost Of Living Vs. Crown Point
Merrillville, IN 36,196 101 1.0x
Hobart, IN 29,516 99 1.0x
Schererville, IN 29,381 110 1.1x
Lansing, IL 28,916 98 1.0x
Dolton, IL 21,588 99 1.0x
South Holland, IL 21,524 106 1.1x
Park Forest, IL 21,368 87 0.9x
St. John, IN 19,805 108 1.1x
Homewood, IL 19,716 98 1.0x
Griffith, IN 16,213 98 1.0x

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