Mishawaka, IN Cost Of Living
Cost Of Living In Mishawaka, IN Summary
Cost of living in Mishawaka 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 Mishawaka 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 Mishawaka is 87, with 100 being the average.
The cost of living index in Mishawaka is 0.9x lower than the national average.
Mishawaka ranks as the #55 cheapest in Indiana out of 124.
Mishawaka ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Mishawaka is $111,800.
The median income in Mishawaka is $48,695.
Table Of Contents
Mishawaka's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mishawaka, IN?
According to the most recent data on the cost of living, Mishawaka has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Indiana, Mishawaka has a cost of living index that's 1.0x lower than Indiana's index of 91.
The standard of living in Mishawaka ranks as #55 most affordable out of the 124 places we measured in Indiana. By definition, that implies Mishawaka ranks as the #69 most expensive place in the Hoosier State.
For more reading on life in Mishawaka, check out:
- Living In Mishawaka
- Mishawaka Crime Report
- Search Homes For Sale In Mishawaka, IN
In Indiana
In America
Mishawaka Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Mishawaka. Here is how it fairs on each of the criteria:
The Services index in Mishawaka is 100.
The Groceries index in Mishawaka is 91.
The Health index in Mishawaka is 96.
The Housing index in Mishawaka is 58.
The Transportation index in Mishawaka is 95.
The Utilities index in Mishawaka is 94.
| Living Expense | Mishawaka | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 87 | 91 | 100 | |
| Services | 100 | 94 | 100 | |
| Groceries | 91 | 96 | 100 | |
| Health | 96 | 101 | 100 | |
| Housing | 58 | 77 | 100 | |
| Transportation | 95 | 95 | 100 | |
| Utilities | 94 | 106 | 100 | |
Mishawaka, 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 Mishawaka is $111,800.
The Median Rent in Mishawaka is $910.
The Median Income in Mishawaka is $48,695.
The Home Value To Income in Mishawaka is 2.3x.
The Rent To Monthly Income in Mishawaka is 0.22x.
| Statistic | Mishawaka | Indiana | United States |
|---|---|---|---|
| Median Home Value | $111,800 | $158,500 | $244,900 |
| Median Rent | $910 | $891 | $1,163 |
| Median Income | $48,695 | $61,944 | $69,021 |
| Home Value To Income | 2.3x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Mishawaka, IN Costs By Category
Detailed Mishawaka Services Costs Vs. Indiana
Detailed Mishawaka Groceries Costs Vs. Indiana
Detailed Mishawaka Health Costs Vs. Indiana
Detailed Mishawaka Transportation Costs Vs. Indiana
Detailed Mishawaka Utilities Costs Vs. Indiana
Mishawaka SnackAbility
/10
Cost Of Living In Cities Around Mishawaka
The cost of living varies in the cities and towns around Mishawaka. Here's a quick look at the cost of living in the most populous nearby places:
South Bend, IN has a cost of living index of 81, 0.9x Mishawaka.
Elkhart, IN has a cost of living index of 83, 1.0x Mishawaka.
Goshen, IN has a cost of living index of 87, 1.0x Mishawaka.
| City | Population | Cost Of Living | Vs. Mishawaka |
|---|---|---|---|
| South Bend, IN | 102,786 | 81 | 0.9x |
| Elkhart, IN | 53,838 | 83 | 1.0x |
| Goshen, IN | 34,792 | 87 | 1.0x |
| Granger, IN | 30,394 | 105 | 1.2x |
| Niles, MI | 11,929 | 84 | 1.0x |
| Nappanee, IN | 7,132 | 83 | 1.0x |
| Dunlap, IN | 7,097 | 88 | 1.0x |
| Notre Dame, IN | 6,581 | 89 | 1.0x |
