Lakes of the Four Seasons, IN Cost Of Living
Cost Of Living In Lakes of the Four Seasons, IN Summary
Cost of living in Lakes of the Four Seasons 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 Lakes of the Four Seasons 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 Lakes of the Four Seasons is 112, with 100 being the average.
The cost of living index in Lakes of the Four Seasons is 1.1x higher than the national average.
Lakes of the Four Seasons ranks as the #124 cheapest in Indiana out of 128.
Lakes of the Four Seasons ranks as the #3,863 cheapest out of 6,489 in the US.
The median home value in Lakes of the Four Seasons is $374,583.
The median income in Lakes of the Four Seasons is $116,778.
Table Of Contents
Lakes of the Four Seasons's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lakes of the Four Seasons, IN?
According to the most recent data on the cost of living, Lakes of the Four Seasons has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Indiana, Lakes of the Four Seasons has a cost of living index that's 1.2x higher than Indiana's index of 92.
The standard of living in Lakes of the Four Seasons ranks as #124 most affordable out of the 128 places we measured in Indiana. By definition, that implies Lakes of the Four Seasons ranks as the #4 most expensive place in the Hoosier State.
For more reading on life in Lakes of the Four Seasons, check out:
In Indiana
In America
Lakes of the Four Seasons Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Lakes of the Four Seasons. Here is how it fairs on each of the criteria:
The Services index in Lakes of the Four Seasons is 108.
The Groceries index in Lakes of the Four Seasons is 106.
The Health index in Lakes of the Four Seasons is 108.
The Housing index in Lakes of the Four Seasons is 130.
The Transportation index in Lakes of the Four Seasons is 108.
The Utilities index in Lakes of the Four Seasons is 91.
| Living Expense | Lakes of the Four Seasons | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 112 | 92 | 100 | |
| Services | 108 | 95 | 100 | |
| Groceries | 106 | 97 | 100 | |
| Health | 108 | 94 | 100 | |
| Housing | 130 | 73 | 100 | |
| Transportation | 108 | 94 | 100 | |
| Utilities | 91 | 107 | 100 | |
Lakes of the Four Seasons, 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 Lakes of the Four Seasons is $374,583.
The Median Rent in Lakes of the Four Seasons is $2,102.
The Median Income in Lakes of the Four Seasons is $116,778.
The Home Value To Income in Lakes of the Four Seasons is 3.2x.
The Rent To Monthly Income in Lakes of the Four Seasons is 0.22x.
| Statistic | Lakes of the Four Seasons | Indiana | United States |
|---|---|---|---|
| Median Home Value | $374,583 | $251,301 | $303,400 |
| Median Rent | $2,102 | $1,020 | $1,348 |
| Median Income | $116,778 | $70,051 | $78,538 |
| Home Value To Income | 3.2x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Lakes of the Four Seasons, IN Costs By Category
Detailed Lakes of the Four Seasons Services Costs Vs. Indiana
| Item | Lakes of the Four Seasons | Indiana |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $17.91 | $12.13 |
| Bowling | $24.58 | $18 |
| Haircut | $33.69 | $24.26 |
| Beauty Salon | $53.44 | $45.56 |
Detailed Lakes of the Four Seasons Groceries Costs Vs. Indiana
| Item | Lakes of the Four Seasons | Indiana |
|---|---|---|
| Ground Beef | $5.28 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.87 | $4.67 |
| Potatoes | $4.9 | $4.93 |
| Pizza | $13.41 | $12.09 |
| Beer | $10.0 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Lakes of the Four Seasons Health Costs Vs. Indiana
| Item | Lakes of the Four Seasons | Indiana |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Lakes of the Four Seasons Transportation Costs Vs. Indiana
| Item | Lakes of the Four Seasons | Indiana |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Lakes of the Four Seasons Utilities Costs Vs. Indiana
| Item | Lakes of the Four Seasons | Indiana |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Lakes Of The Four Seasons SnackAbility
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Cost Of Living In Cities Around Lakes of the Four Seasons
The cost of living varies in the cities and towns around Lakes of the Four Seasons. 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, 0.9x Lakes of the Four Seasons.
Valparaiso, IN has a cost of living index of 105, 0.9x Lakes of the Four Seasons.
Crown Point, IN has a cost of living index of 98, 0.9x Lakes of the Four Seasons.
| City | Population | Cost Of Living | Vs. Lakes of the Four Seasons |
|---|---|---|---|
| Merrillville, IN | 36,343 | 101 | 0.9x |
| Valparaiso, IN | 34,377 | 105 | 0.9x |
| Crown Point, IN | 34,042 | 98 | 0.9x |
| Hobart, IN | 29,646 | 98 | 0.9x |
| Munster, IN | 23,733 | 110 | 1.0x |
| Dyer, IN | 16,400 | 108 | 1.0x |
| Griffith, IN | 16,228 | 100 | 0.9x |
| Cedar Lake, IN | 14,686 | 99 | 0.9x |
| Chesterton, IN | 14,326 | 107 | 1.0x |
| Lowell, IN | 10,911 | 96 | 0.9x |
