Cost of Living in Chesterton, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
127.2
100 = national avg
+27.2 vs national average
Living Wage (1 Adult)
$55,952
per year
Living Wage (Family of 4)
$132,249
per year
Cost Index by Category
Housing130.9
Food117.7
Transportation135.3
Healthcare114.1
Utilities116.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,082
per month
2 Bedroom
$1,317
per month
The overall cost of living index in Chesterton is 127.2, which is 27.2% above the national average. Housing costs are above the national average at an index of 130.9. A single adult needs to earn approximately $55,952 per year to cover basic expenses.