Housing costs in Lake Station?
A typical home costs
$126,600, which is 62.6% less expensive than the national average of
$338,100 and 42.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Lake Station 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 Station?
To live comfortably in Lake Station, Indiana, a minimum annual income of
$24,120 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Lake Station?
The cost of living in Lake Station, IN is relatively low compared to other cities throughout the country. According to a cost of living index from Sperling's 黑料社区, Lake Station has an index score of 82.2 which is 18.8 points lower than the national average. This means that individuals and families can enjoy a higher quality of life in Lake Station than most other places with a comparable income level. Goods and services are generally much cheaper here as well, such as groceries, housing, utilities, healthcare, transportation, and entertainment. All these factors make Lake Station an attractive option for those looking for an affordable place to live.