Valparaiso, Indiana gets a BestPlaces Cost of Living index of 100.1, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 0.1 percent higher than the U.S. average and 19.6 percent higher than the average for Indiana.
A typical home costs $301,200, which is 10.9 percent less expensive than the national average of $338,100 and 35.9 percent more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Valparaiso costs $1,090 per month, which is 23.8 percent cheaper than the national average of $1,430 and 10.1 percent cheaper than the state average of $980.
To live comfortably in Valparaiso, Indiana, a minimum annual income of $57,600 for a family, and $35,600 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Valparaiso is cheaper than the US average. A cost of living index above 100 means Valparaiso, Indiana is more expensive.
Valparaiso cost of living is 100.1