Cost of Living in Otter Lake, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
164.4
100 = national avg
+64.4 vs national average
Living Wage (1 Adult)
$72,346
per year
Living Wage (Family of 4)
$170,999
per year
Cost Index by Category
Housing112.8
Food167.1
Transportation234.1
Healthcare153.7
Utilities142.8
100 = national average. Higher = more expensive.
The overall cost of living index in Otter Lake is 164.4, which is 64.4% above the national average. Housing costs are above the national average at an index of 112.8. A single adult needs to earn approximately $72,346 per year to cover basic expenses.