Hudson Lake cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexHudson LakeIndianaNational
Cost of living index8287100
IndexHudson LakeIndianaNational
Goods & Services index9494100
Groceries index9394100
Health care index10195100
Housing index5673100
Transportation index9292100
Utilities index8690100

Did you know?

  • The cost of living in Hudson Lake is 6% lower than the Indiana average.
  • The cost of living in Hudson Lake is 18% lower than the national average.
  • The cost of housing in Hudson Lake is 44% lower than the national average.
  • Indiana general sales tax is 37% higher than the national average.
  • Indiana state income tax is 48% higher than the national average.

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Compare Hudson Lake, IN Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$57,727$4,811$1,347$1,732
Renters$0$0$0$0

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%

Goods & Services

ItemHudson LakeNational avg.Difference
Haircut $13.33$15.5614.4%
Beauty Salon $32.78$36.119.2%
Toothpaste $2.11$2.4714.7%
Shampoo $0.85$0.9611.6%
Movie $7.43$10.1326.6%
Bowling $2.68$4.7443.3%

Groceries

ItemHudson LakeNational avg.Difference
Ground Beef $3.26$3.9818.1%
Fried Chicken $1.26$1.4110.7%
Milk $1.55$2.0624.7%
Potatoes $3.09$2.983.6%
Pizza $9.37$9.471.1%
Beer $8.35$8.795.1%

Health Care

ItemHudson LakeNational avg.Difference
Optometrist $105.17$101.044.1%
Doctor $116.33$107.448.3%
Dentist $88.28$90.422.4%
Ibuprofen $8.15$9.2812.2%
Lipitor $432.73$426.501.5%

Housing

ItemHudson LakeNational avg.Difference
Home Price $99,000.00$175,700.0043.7%
Avg. Mortgage Payment $1,046.54$1,133.237.6%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemHudson LakeNational avg.Difference
Gasoline $1.92$1.993.5%
Tire Balancing $36.67$45.7619.9%

Utilities

ItemHudson LakeNational avg.Difference
All Electricity$134.67$163.8117.8%
Phone $26.00$28.398.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Galien, MI53881-19%
Lakeville, IN85681-19%
South Bend, IN100,42282-18%
North Liberty, IN1,84782-18%
La Porte, IN22,15382-18%
Hudson Lake, IN1,40982-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Newcastle, CA1,40911717%
Stony Point, MI1,41090-10%
Granger, IA1,40893-7%
Cottonwood Shores, TX1,40886-14%
Coon Rapids, IA1,40879-21%
Hudson Lake, IN1,40982-18%
Source: The Hudson Lake, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.