Granger, IN Cost Of Living
Cost Of Living In Granger, IN Summary
Cost of living in Granger research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Granger is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Granger is 105, with 100 being the average.
The cost of living index in Granger is 1.1x higher than the national average.
Granger ranks as the #116 cheapest in Indiana out of 124.
Granger ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Granger is $243,100.
The median income in Granger is $108,252.
Table Of Contents
Granger's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Granger, IN?
According to the most recent data on the cost of living, Granger has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Indiana, Granger has a cost of living index that's 1.2x higher than Indiana's index of 91.
The standard of living in Granger ranks as #116 most affordable out of the 124 places we measured in Indiana. By definition, that implies Granger ranks as the #8 most expensive place in the Hoosier State.
For more reading on life in Granger, check out:
- Living In Granger
- Search Homes For Sale In Granger, IN
In Indiana
In America
Granger Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Granger. Here is how it fairs on each of the criteria:
The Services index in Granger is 99.
The Groceries index in Granger is 93.
The Health index in Granger is 97.
The Housing index in Granger is 118.
The Transportation index in Granger is 92.
The Utilities index in Granger is 95.
| Living Expense | Granger | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 105 | 91 | 100 | |
| Services | 99 | 94 | 100 | |
| Groceries | 93 | 96 | 100 | |
| Health | 97 | 101 | 100 | |
| Housing | 118 | 77 | 100 | |
| Transportation | 92 | 95 | 100 | |
| Utilities | 95 | 106 | 100 | |
Granger, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Granger is $243,100.
The Median Rent in Granger is $1,195.
The Median Income in Granger is $108,252.
The Home Value To Income in Granger is 2.2x.
The Rent To Monthly Income in Granger is 0.13x.
| Statistic | Granger | Indiana | United States |
|---|---|---|---|
| Median Home Value | $243,100 | $158,500 | $244,900 |
| Median Rent | $1,195 | $891 | $1,163 |
| Median Income | $108,252 | $61,944 | $69,021 |
| Home Value To Income | 2.2x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Granger, IN Costs By Category
Detailed Granger Services Costs Vs. Indiana
Detailed Granger Groceries Costs Vs. Indiana
Detailed Granger Health Costs Vs. Indiana
Detailed Granger Transportation Costs Vs. Indiana
Detailed Granger Utilities Costs Vs. Indiana
Granger SnackAbility
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Cost Of Living In Cities Around Granger
The cost of living varies in the cities and towns around Granger. Here's a quick look at the cost of living in the most populous nearby places:
South Bend, IN has a cost of living index of 81, 0.8x Granger.
Elkhart, IN has a cost of living index of 83, 0.8x Granger.
Mishawaka, IN has a cost of living index of 87, 0.8x Granger.
| City | Population | Cost Of Living | Vs. Granger |
|---|---|---|---|
| South Bend, IN | 102,786 | 81 | 0.8x |
| Elkhart, IN | 53,838 | 83 | 0.8x |
| Mishawaka, IN | 50,823 | 87 | 0.8x |
| Goshen, IN | 34,792 | 87 | 0.8x |
| Niles, MI | 11,929 | 84 | 0.8x |
| Dunlap, IN | 7,097 | 88 | 0.8x |
| Notre Dame, IN | 6,581 | 89 | 0.8x |
| Dowagiac, MI | 5,731 | 81 | 0.8x |
