Zip 46349 (Lake Village, IN) Cost of Living


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How much do I need to live in Lake Village, Indiana?
$3,870 / month
for a family, 28.3% less expensive than the national average A total of $46,440 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Lake Village cost of living score
87.3
Less expensive
12.7% lower
than the US average
4.3% higher
than the Indiana average
Lake Village (zip 46349), Indiana gets a BestPlaces Cost of Living score of 87.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.7% lower than the U.S. average and 4.3% lower than the average for Indiana.

Zip 46349 (Lake Village, IN)

Housing costs in Lake Village?
A typical home costs $241,900, which is 28.5% less expensive than the national average of $338,100 and 9.2% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Lake Village costs $950 per month, which is 33.6% cheaper than the national average of $1,430 and 3.2% cheaper than the state average of $980.

Can I afford Lake Village?
To live comfortably in Lake Village (zip 46349), Indiana, a minimum annual income of $46,440 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Lake Village?
The cost of living in 46349 Lake Village, IN is relatively low compared to other areas. Housing costs are generally affordable with the median home price being around $90,000. Renters can expect to pay about $650 per month for a two-bedroom apartment. Utilities including gas and electric typically run below the national average. Groceries, entertainment, and transportation are also relatively inexpensive in this area, making it an attractive destination for those looking for an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLake VillageIndianaUnited States
    Unlock83.7100.0
  94.0  Unlock100.0
    Unlock94.4100.0
  70.1  Unlock100.0
    Unlock$221,600$338,100
  103.1  Unlock100.0
    Unlock85.4100.0
  93.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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