Valparaiso, IN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
103
Valparaiso's Overall Cost Of Living
1.0x
Higher Than The National Average
113 out of 126
In Indiana
3,523 out of 6,399
In America
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 #3,524 most affordable out of the 6,522 places we measured in Indiana. By definition, that implies Valparaiso ranks as the #2,882 most expensive place in the Hoosier State.

For more reading on life in Valparaiso, check out:

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.

$185,800
Median Home Value
$925
Median Rent
$59,533
Median Income
Statistic Valparaiso Indiana United States
Median Home Value $185,800 $141,700 $217,500
Median Rent $925 $826 $1,062
Median Income $59,533 $56,303 $62,843
Home Value To Income 3.1x 2.5x 3.5x
Rent To Monthly Income 0.19x 0.18x 0.2x

Detailed Valparaiso Services Costs Vs. Indiana

Item Valparaiso Indiana
Shampoo $0.92 $1.01
Movie $14.86 $10.72
Bowling $19.0 $13.86

Detailed Valparaiso Groceries Costs Vs. Indiana

Item Valparaiso Indiana
Ground Beef $4.07 $3.9
Fried Chicken $1.74 $1.4
Milk $2.09 $1.96

Detailed Valparaiso Health Costs Vs. Indiana

Item Valparaiso Indiana
Haircut $22.0 $17.49
Beauty Salon $69.77 $38.17
Toothpaste $2.69 $2.32

Detailed Valparaiso Transportation Costs Vs. Indiana

Item Valparaiso Indiana
Potatoes $3.74 $3.18
Pizza $10.0 $10.39
Beer $8.14 $9.23
Optometrist $97.0 $106.34
Doctor $105.0 $115.25
Dentist $102.0 $98.38

Detailed Valparaiso Utilities Costs Vs. Indiana

Item Valparaiso Indiana
Gasoline $3.42 $2.59
Tire Balancing $57.0 $48.9
All Electricity $131.81 $167.6
Phone $200.46 $163.42

Valparaiso SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
7
Diversity
7
Safety
N/A
Amenities
9
Education
8.5
Commute
8

Cost Of Living In Cities Around Valparaiso

City Population Cost Of Living Vs. Valparaiso
Gary, IN 76,010 90 0.9x
Portage, IN 36,648 99 1.0x
Merrillville, IN 34,889 99 1.0x
Crown Point, IN 29,850 99 1.0x
Hobart, IN 28,049 99 1.0x
La Porte, IN 21,577 88 0.9x
Griffith, IN 16,228 98 1.0x
Chesterton, IN 14,119 103 1.0x
Lake Station, IN 12,002 92 0.9x
Lakes of the Four Seasons, IN 6,809 107 1.0x

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