Cost of Living in Michiana Shores, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
146.4
100 = national avg
+46.4 vs national average
Living Wage (1 Adult)
$64,420
per year
Living Wage (Family of 4)
$152,266
per year
Cost Index by Category
Housing175.6
Food120.7
Transportation141.4
Healthcare116.6
Utilities127.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$953
per month
2 Bedroom
$1,152
per month
The overall cost of living index in Michiana Shores is 146.4, which is 46.4% above the national average. Housing costs are above the national average at an index of 175.6. A single adult needs to earn approximately $64,420 per year to cover basic expenses.