Valparaiso 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.
Cost of living index10288100
Goods & Services index10695100
Groceries index10892100
Health care index10095100
Housing index9373100
Transportation index11293100
Utilities index10493100
The above illustration supplies generalized information for the Valparaiso, IN cost of living index. Compared to other cities in Indiana and cities across the country, the cost of living index in Valparaiso, IN is 102, which is 17% higher than the Indiana average and 2% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Valparaiso, IN are 12% higher than the average for Indiana and 6% higher than the rest of the country.

Did you know?

  • The cost of living in Valparaiso is 17% higher than the Indiana average.
  • The cost of living in Valparaiso is 2% higher than the national average.
  • The cost of housing in Valparaiso is 7% 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 Valparaiso, IN Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Valparaiso, IN to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Valparaiso, IN, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Valparaiso, IN salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Valparaiso, IN, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Valparaiso, IN has a median income of about $70,727 for people who own homes. Based on that number, a person should spend a maximum of $1,650 on expenses related to housing. Renters have a slightly different median income, which is $30,931. Based on this average, renters should spend no more than $722 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Valparaiso, IN you will want to make sure you consider both the Indiana sales tax and the Indiana income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Indiana is 7%, with the highest surtax being 7%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Indiana have a range from 3.3% to 3.3%.

Goods & Services

ItemValparaisoNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $45.00$34.6829.8%
Toothpaste $2.34$2.475.4%
Shampoo $0.99$1.023.1%
Movie $13.75$9.8739.3%
Bowling $5.00$4.3913.9%


ItemValparaisoNational avg.Difference
Ground Beef $5.37$4.4820.0%
Fried Chicken $1.42$1.463.0%
Milk $1.74$2.3626.2%
Potatoes $2.50$3.0618.3%
Pizza $10.99$9.2418.9%
Beer $14.25$8.6365.1%

Health Care

ItemValparaisoNational avg.Difference
Optometrist $95.00$99.784.8%
Doctor $100.00$105.034.8%
Dentist $100.00$88.7012.7%
Ibuprofen $9.24$9.411.8%
Lipitor $262.00$298.5012.2%


ItemValparaisoNational avg.Difference
Home Price $165,500.00$175,700.005.8%
Avg. Mortgage Payment $1,500.61$1,081.0338.8%
Apartment Rent $840.00$920.008.7%


ItemValparaisoNational avg.Difference
Gasoline $2.29$2.099.5%
Tire Balancing $53.31$45.2917.7%


ItemValparaisoNational avg.Difference
All Electricity$173.99$170.801.9%
Phone $30.05$28.266.3%
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.
Lake Station, IN12,36991-9%
Westville, IN6,89582-18%
Town of Pines, IN73282-18%
New Chicago, IN1,95493-7%
La Crosse, IN67184-16%
Valparaiso, IN31,7451022%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Owasso, OK31,73892-8%
Kearney, NE31,75991-9%
Oswego, IL31,72311212%
Adelanto, CA31,77398-2%
Naugatuck, CT31,79011818%
Valparaiso, IN31,7451022%
Source: The Valparaiso, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.