Cost of Living in Laketon, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.9
100 = national avg
+8.9 vs national average
Living Wage (1 Adult)
$47,895
per year
Living Wage (Family of 4)
$113,207
per year
Cost Index by Category
Housing99.4
Food110.2
Transportation120.4
Healthcare108.2
Utilities106.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$729
per month
2 Bedroom
$956
per month
The overall cost of living index in Laketon is 108.9, which is 8.9% above the national average. Housing costs are below the national average at an index of 99.4. A single adult needs to earn approximately $47,895 per year to cover basic expenses.