Valparaiso, IN Cost Of Living

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Updated: 2020-03-08
Valparaiso's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Valparaiso is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Valparaiso, IN?

According to the most recent data on the cost of living, Valparaiso has an overall cost of living index of 103 which is 1.0x higher than the national index of 100.

Compared to only Indiana, Valparaiso has a cost of living index that's 1.2x higher than Indiana's index of 89.

The standard of living in Valparaiso ranks as #3524 most affordable out of the 6522 places we measured in Indiana. By definition, that implies Valparaiso ranks as the #2882 most expensive place in the Hoosier State.

Valparaiso Cost Of Living Vs. Indiana

Living Expense Valparaiso Indiana National Average
Overall 103 89 100
Services 109 97 100
Groceries 104 92 100
Health 100 94 100
Housing 92 72 100
Transportation 125 100 100
Utilities 93 99 100
For more reading on cost of living around Indiana, check out:
Valparaiso Cost of Living Vs. IN

Valparaiso, IN Housing Cost Breakdown

Housing swings affordability the most between places in Indiana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Valparaiso Indiana United States
Median Home Value $175,100 $135,400 $204,900
Median Rent $917 $807 $1,023
Median Income $54,563 $54,325 $60,293
Home Value To Income 3.2x 2.5x 3.4x
Rent To Monthly Income 0.2x 0.18x 0.2x

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Cost Of Living In Cities Around Valparaiso

City Population Cost Of Living Vs. Valparaiso
Gary, IN 76,677 90 0.9x
Portage, IN 36,859 99 1.0x
Merrillville, IN 35,032 99 1.0x
Crown Point, IN 29,368 99 1.0x
Hobart, IN 28,309 99 1.0x
La Porte, IN 21,874 88 0.9x
Griffith, IN 16,377 98 1.0x
Chesterton, IN 13,899 103 1.0x
Lake Station, IN 12,059 92 0.9x
Lakes of the Four Seasons, IN 7,243 107 1.0x

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