Cost of Living in Bear Lake, IN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

45.9

100 = national avg

-54.1 vs national average

Living Wage (1 Adult)

$20,186

per year

Living Wage (Family of 4)

$47,711

per year

Cost Index by Category

Housing
35.9
Utilities
80.8

100 = national average. Higher = more expensive.

The overall cost of living index in Bear Lake is 45.9, which is 54.1% below the national average. Housing costs are below the national average at an index of 35.9. A single adult needs to earn approximately $20,186 per year to cover basic expenses.