Cost of Living in Shipshewana Lake, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.3
100 = national avg
+6.3 vs national average
Living Wage (1 Adult)
$46,773
per year
Living Wage (Family of 4)
$110,554
per year
Cost Index by Category
Housing111.3
Food102.7
Transportation103.5
Healthcare102.2
Utilities103.9
100 = national average. Higher = more expensive.
The overall cost of living index in Shipshewana Lake is 106.3, which is 6.3% above the national average. Housing costs are above the national average at an index of 111.3. A single adult needs to earn approximately $46,773 per year to cover basic expenses.