Cost of Living in Laconia, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
66.4
100 = national avg
-33.6 vs national average
Living Wage (1 Adult)
$29,218
per year
Living Wage (Family of 4)
$69,062
per year
Cost Index by Category
Housing34.5
Food89.5
Transportation79.0
Healthcare91.6
Utilities80.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,047
per month
2 Bedroom
$1,272
per month
The overall cost of living index in Laconia is 66.4, which is 33.6% below the national average. Housing costs are below the national average at an index of 34.5. A single adult needs to earn approximately $29,218 per year to cover basic expenses.