Lakes of the Four Seasons, IN Cost Of Living

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

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 109, 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 #119 cheapest in Indiana out of 124.

  • Lakes of the Four Seasons ranks as the #4,038 cheapest out of 6,412 in the US.

  • The median home value in Lakes of the Four Seasons is $238,900.

  • The median income in Lakes of the Four Seasons is $103,155.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
109
Lakes of the Four Seasons's Overall Cost Of Living
1.1x
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 109, 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 91.

The standard of living in Lakes of the Four Seasons ranks as #119 most affordable out of the 124 places we measured in Indiana. By definition, that implies Lakes of the Four Seasons ranks as the #5 most expensive place in the Hoosier State.

For more reading on life in Lakes of the Four Seasons, check out:

119 out of 124
In Indiana
4,038 out of 6,412
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 112.

  • The Groceries index in Lakes of the Four Seasons is 108.

  • The Health index in Lakes of the Four Seasons is 97.

  • The Housing index in Lakes of the Four Seasons is 106.

  • The Transportation index in Lakes of the Four Seasons is 115.

  • The Utilities index in Lakes of the Four Seasons is 93.

Living Expense Lakes of the Four Seasons Indiana National Average
Overall 109 91 100
Services 112 94 100
Groceries 108 96 100
Health 97 101 100
Housing 106 77 100
Transportation 115 95 100
Utilities 93 106 100
For more reading on cost of living around Indiana, check out:
Lakes of the Four Seasons Cost of Living Vs. IN

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 2017-2021. The key points are:

  • The Median Home Value in Lakes of the Four Seasons is $238,900.

  • The Median Rent in Lakes of the Four Seasons is $1,917.

  • The Median Income in Lakes of the Four Seasons is $103,155.

  • The Home Value To Income in Lakes of the Four Seasons is 2.3x.

  • 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 $238,900 $158,500 $244,900
Median Rent $1,917 $891 $1,163
Median Income $103,155 $61,944 $69,021
Home Value To Income 2.3x 2.6x 3.5x
Rent To Monthly Income 0.22x 0.17x 0.2x
Search Homes For Sale In Lakes Of The Four Seasons, IN
$238,900
Median Home Value
$1,917
Median Rent
$103,155
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 $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05

Detailed Lakes of the Four Seasons Groceries Costs Vs. Indiana

Item Lakes of the Four Seasons Indiana
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Toothpaste $2.46 $2.34

Detailed Lakes of the Four Seasons Health Costs Vs. Indiana

Item Lakes of the Four Seasons Indiana
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Lakes of the Four Seasons Transportation Costs Vs. Indiana

Item Lakes of the Four Seasons Indiana
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed Lakes of the Four Seasons Utilities Costs Vs. Indiana

Item Lakes of the Four Seasons Indiana
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Lakes Of The Four Seasons SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
8
Safety
N/A
Amenities
8.5
Education
8.5
Commute
3

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 103, 0.9x Lakes of the Four Seasons.

  • Crown Point, IN has a cost of living index of 99, 0.9x Lakes of the Four Seasons.

City Population Cost Of Living Vs. Lakes of the Four Seasons
Merrillville, IN 36,196 101 0.9x
Valparaiso, IN 33,820 103 0.9x
Crown Point, IN 33,518 99 0.9x
Hobart, IN 29,516 99 0.9x
Munster, IN 23,717 109 1.0x
Dyer, IN 16,422 108 1.0x
Griffith, IN 16,213 98 0.9x
Chesterton, IN 14,045 102 0.9x
Cedar Lake, IN 13,725 95 0.9x
Lowell, IN 10,569 97 0.9x

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