Heritage Lake, IN Cost of Living


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How much do I need to live in Heritage Lake, Indiana?
$3,600 / month
for a family, 33.3% less expensive than the national average A total of $43,200 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Heritage Lake cost of living score
83.4
Less expensive
16.6% lower
than the US average
0.4% lower
than the Indiana average
Heritage Lake, Indiana gets a BestPlaces Cost of Living score of 83.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.6% lower than the U.S. average and 0.4% higher than the average for Indiana.

Heritage Lake, IN

Housing costs in Heritage Lake?
A typical home costs $224,700, which is 33.5% less expensive than the national average of $338,100 and 1.4% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Heritage Lake costs $970 per month, which is 32.2% cheaper than the national average of $1,430 and close to the state average of $980.

Can I afford Heritage Lake?
To live comfortably in Heritage Lake, Indiana, a minimum annual income of $43,200 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Heritage Lake?
The cost of living in Heritage Lake, IN is fairly low compared to other parts of the country. The median income for a family of four is around $55,000 a year and housing costs are extremely reasonable. The average cost for a three bedroom home is around $150,000. Utilities are also quite affordable and are typically lower than the national average. Overall, Heritage Lake is an affordable place to live with a great quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHeritage LakeIndianaUnited States
    Unlock83.7100.0
  95.8  Unlock100.0
    Unlock94.4100.0
  71.3  Unlock100.0
    Unlock$221,600$338,100
  99.5  Unlock100.0
    Unlock85.4100.0
  82.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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