Portage, IN Cost Of Living
Cost Of Living In Portage, IN Summary
Cost of living in Portage 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 Portage 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 Portage is 97, with 100 being the average.
The cost of living index in Portage is 1.0x lower than the national average.
Portage ranks as the #92 cheapest in Indiana out of 128.
Portage ranks as the #2,245 cheapest out of 6,489 in the US.
The median home value in Portage is $262,621.
The median income in Portage is $72,833.
Table Of Contents
Portage's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Portage, IN?
According to the most recent data on the cost of living, Portage has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Indiana, Portage has a cost of living index that's 1.1x higher than Indiana's index of 92.
The standard of living in Portage ranks as #92 most affordable out of the 128 places we measured in Indiana. By definition, that implies Portage ranks as the #36 most expensive place in the Hoosier State.
For more reading on life in Portage, check out:
In Indiana
In America
Portage Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Portage. Here is how it fairs on each of the criteria:
The Services index in Portage is 106.
The Groceries index in Portage is 102.
The Health index in Portage is 109.
The Housing index in Portage is 89.
The Transportation index in Portage is 109.
The Utilities index in Portage is 90.
| Living Expense | Portage | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 97 | 92 | 100 | |
| Services | 106 | 95 | 100 | |
| Groceries | 102 | 97 | 100 | |
| Health | 109 | 94 | 100 | |
| Housing | 89 | 73 | 100 | |
| Transportation | 109 | 94 | 100 | |
| Utilities | 90 | 107 | 100 | |
Portage, 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 Portage is $262,621.
The Median Rent in Portage is $1,138.
The Median Income in Portage is $72,833.
The Home Value To Income in Portage is 3.6x.
The Rent To Monthly Income in Portage is 0.19x.
Median Home Value
Median Rent
Median Income
Portage, IN Costs By Category
Detailed Portage Services Costs Vs. Indiana
Detailed Portage Groceries Costs Vs. Indiana
Detailed Portage Health Costs Vs. Indiana
Detailed Portage Transportation Costs Vs. Indiana
Detailed Portage Utilities Costs Vs. Indiana
Portage SnackAbility
/10
Cost Of Living In Cities Around Portage
The cost of living varies in the cities and towns around Portage. Here's a quick look at the cost of living in the most populous nearby places:
Valparaiso, IN has a cost of living index of 105, 1.1x Portage.
Crown Point, IN has a cost of living index of 98, 1.0x Portage.
Lansing, IL has a cost of living index of 99, 1.0x Portage.
| City | Population | Cost Of Living | Vs. Portage |
|---|---|---|---|
| Valparaiso, IN | 34,377 | 105 | 1.1x |
| Crown Point, IN | 34,042 | 98 | 1.0x |
| Lansing, IL | 28,415 | 99 | 1.0x |
| Munster, IN | 23,733 | 110 | 1.1x |
| Dyer, IN | 16,400 | 108 | 1.1x |
| Griffith, IN | 16,228 | 100 | 1.0x |
| Chesterton, IN | 14,326 | 107 | 1.1x |
| Lake Station, IN | 13,109 | 90 | 0.9x |
| Lynwood, IL | 9,047 | 98 | 1.0x |
| Lakes of the Four Seasons, IN | 7,338 | 112 | 1.2x |
