Cost of living in La Porte 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 La Porte 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 La Porte is 83, with 100 being the average.
The cost of living index in La Porte is 0.8x lower than the national average.
La Porte ranks as the #23 cheapest in Indiana out of 124.
La Porte ranks as the #491 cheapest out of 6,412 in the US.
The median home value in La Porte is $111,100.
The median income in La Porte is $45,277.
According to the most recent data on the cost of living, La Porte has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Indiana, La Porte has a cost of living index that's 0.9x lower than Indiana's index of 91.
The standard of living in La Porte ranks as #23 most affordable out of the 124 places we measured in Indiana. By definition, that implies La Porte ranks as the #101 most expensive place in the Hoosier State.
For more reading on life in La Porte, check out:
Six factors go into calculating the cost of living index in La Porte. Here is how it fairs on each of the criteria:
The Services index in La Porte is 100.
The Groceries index in La Porte is 90.
The Health index in La Porte is 98.
The Housing index in La Porte is 57.
The Transportation index in La Porte is 95.
The Utilities index in La Porte is 95.
Living Expense | La Porte | Indiana | National Average | |
---|---|---|---|---|
Overall | 83 | 91 | 100 | |
Services | 100 | 94 | 100 | |
Groceries | 90 | 96 | 100 | |
Health | 98 | 101 | 100 | |
Housing | 57 | 77 | 100 | |
Transportation | 95 | 95 | 100 | |
Utilities | 95 | 106 | 100 |
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 La Porte is $111,100.
The Median Rent in La Porte is $771.
The Median Income in La Porte is $45,277.
The Home Value To Income in La Porte is 2.5x.
The Rent To Monthly Income in La Porte is 0.2x.
Statistic | La Porte | Indiana | United States |
---|---|---|---|
Median Home Value | $111,100 | $158,500 | $244,900 |
Median Rent | $771 | $891 | $1,163 |
Median Income | $45,277 | $61,944 | $69,021 |
Home Value To Income | 2.5x | 2.6x | 3.5x |
Rent To Monthly Income | 0.2x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around La Porte. Here's a quick look at the cost of living in the most populous nearby places:
Chico, CA has a cost of living index of 121, 1.5x La Porte.
Live Oak, CA has a cost of living index of 170, 2.0x La Porte.
Truckee, CA has a cost of living index of 145, 1.7x La Porte.
City | Population | Cost Of Living | Vs. La Porte |
---|---|---|---|
Chico, CA | 103,898 | 121 | 1.5x |
Live Oak, CA | 16,948 | 170 | 2.0x |
Truckee, CA | 16,850 | 145 | 1.7x |
Paradise, CA | 7,730 | 113 | 1.4x |
Gridley, CA | 7,510 | 106 | 1.3x |
Durham, CA | 5,989 | 134 | 1.6x |
Palermo, CA | 5,387 | 109 | 1.3x |