Zip 46383 (Valparaiso, IN) Cost of Living


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Valparaiso cost of living score
100.1
More expensive
0.1% higher
than the US average
19.6% higher
than the Indiana average
Valparaiso (zip 46383), Indiana gets a BestPlaces Cost of Living score of 100.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.1% higher than the U.S. average and 19.6% higher than the average for Indiana.

Zip 46383 (Valparaiso, IN)

Housing costs in Valparaiso?
A typical home costs $285,200, which is 15.6% less expensive than the national average of $338,100 and 28.7% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Valparaiso costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 9.3% more than the state average of $980.

Can I afford Valparaiso?
To live comfortably in Valparaiso (zip 46383), Indiana, a minimum annual income of $54,720 for a family, and $35,200 for a single person is recommended.

What does A.I. say about Valparaiso?
Valparaiso, IN (zip code 46383) is a great place to live for those looking for a low cost of living. The median home cost in Valparaiso is approximately $153,100, making it one of the most affordable places to purchase real estate in the area. Additionally, many rental options are available at lower prices than elsewhere in Indiana. Other costs such as groceries and utilities are also below the national average. All in all, Valparaiso is a great bargain for those looking to live in a small town with an ideal location and reasonable cost of living.
   Cost of living score
     CategoriesValparaisoIndianaUnited States
  100.183.7100.0
  96.792.9100
  90.594.4100.0
  92.063.8100.0
  $285,200$221,600$338,100
  99.0%97.2%100.0%
  113.985.4100.0
  104.3102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime