Cost of Living in Lake Station, IN
Overall index: 68 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 36 | -64% | $781 |
| Transportation | 123 | +23% | $3.50 |
| Food | 75 | -25% | $308 |
| Utilities | 68 | -32% | $65 |
| Healthcare | 68 | -32% | $47 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Lake Station?
A single adult living comfortably in Lake Station, IN needs approximately $23,800 / year after taxes.
Already earning a salary somewhere else? Compare it directly:
Frequently Asked Questions
What is the cost of living in Lake Station, IN?
The overall cost of living in Lake Station, IN is 32% lower than the US national average (index: 68 where 100 = national average).
How much is rent in Lake Station, IN?
Average rent for a 1-bedroom apartment in Lake Station, IN is about $781/month.
Is Lake Station, IN expensive to live in?
No, Lake Station, IN is affordable (below national average).
What salary do I need to live in Lake Station, IN?
A single adult needs roughly $23,800/year to cover basic living costs in Lake Station, IN.