Hudson Lake, IN Cost of Living


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How much do I need to live in Hudson Lake, Indiana?
$2,250 / month
for a family, 58.3% less expensive than the national average A total of $27,000 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Hudson Lake cost of living score
81.6
Less expensive
18.4% lower
than the US average
2.5% lower
than the Indiana average
Hudson Lake, Indiana gets a BestPlaces Cost of Living score of 81.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.4% lower than the U.S. average and 2.5% higher than the average for Indiana.

Hudson Lake, IN

Housing costs in Hudson Lake?
A typical home costs $141,000, which is 58.3% less expensive than the national average of $338,100 and 36.4% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Hudson Lake costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 8.9% cheaper than the state average of $980.

Can I afford Hudson Lake?
To live comfortably in Hudson Lake, Indiana, a minimum annual income of $27,000 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Hudson Lake?
Hudson Lake, IN is known for its affordability. The cost of living in Hudson Lake is quite low compared to many other cities and towns in Indiana. Housing costs are especially low, with the median home value being only $93,900. This means that even with an average household income of $51,341, families can afford to live comfortably in a nice home or apartment in the area. The cost of food, utilities, transportation and healthcare are all relatively low as well compared to the state and national averages. Overall, Hudson Lake is an affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHudson LakeIndianaUnited States
    Unlock83.7100.0
  93.3  Unlock100.0
    Unlock94.4100.0
  53.8  Unlock100.0
    Unlock$221,600$338,100
  96.2  Unlock100.0
    Unlock85.4100.0
  87.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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