Housing costs in Lake?
A typical home costs
$207,000, which is 38.8% less expensive than the national average of
$338,100 and 6.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Lake costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 2.0% more than the state average of
$980.
Can I afford Lake?
To live comfortably in Lake Indi County, Indiana, a minimum annual income of
$39,600 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Lake?
Lake County, Indiana has a much lower cost of living than the US average. The median value of a house in Lake County is $207,000, compared to the US average of $338,100. The cost of living in Lake County is 87.3 compared to the US average of 100. This makes it a very affordable place to live and purchase property. With all the amenities and resources available in this area, it's no wonder that more people are starting to move here for both work and play.