Cost of Living in Schaefer Lake, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
176.7
100 = national avg
+76.7 vs national average
Living Wage (1 Adult)
$77,767
per year
Living Wage (Family of 4)
$183,813
per year
Cost Index by Category
Housing141.0
Food185.8
Transportation173.2
Healthcare168.6
Utilities159.7
100 = national average. Higher = more expensive.
The overall cost of living index in Schaefer Lake is 176.7, which is 76.7% above the national average. Housing costs are above the national average at an index of 141.0. A single adult needs to earn approximately $77,767 per year to cover basic expenses.