Crown Point 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.
IndexCrown PointIndianaNational
Cost of living index10289100
IndexCrown PointIndianaNational
Goods & Services index10498100
Groceries index10894100
Health care index10593100
Housing index9572100
Transportation index10596100
Utilities index10294100
The above illustration supplies generalized information for the Crown Point, IN cost of living index. Compared to other cities in Indiana and cities across the country, the cost of living index in Crown Point, IN is 102, which is 15% 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 Crown Point, IN are 6% higher than the average for Indiana and 4% higher than the rest of the country.
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Did you know?

  • The cost of living in Crown Point is 15% higher than the Indiana average.
  • The cost of living in Crown Point is 2% higher than the national average.
  • The cost of housing in Crown Point is 5% 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.

Compare Crown Point, 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 meant to help you compare your salary in Crown Point, IN to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Crown Point, IN, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Crown Point, IN salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Crown Point, IN, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Crown Point, IN, the median monthly income is $74,796 for those who own their own homes. Under the standard rule, that income level would allow for $1,745 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $44,659, per the median income in the area. That would allow for renters to spend up to $1,042 on monthly rental expenses.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Crown Point, IN and want to know what the true cost of living is, they ought to look at both the Indiana income tax rate and the Indiana sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Indiana, the sales tax is 7%, while the most you'll pay in surtax is 7%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Indiana, the income tax rate ranges between 3.3% to 3.3%.

Goods & Services

ItemCrown PointNational avg.Difference
Haircut $18.90$16.0917.5%
Beauty Salon $33.28$37.3310.9%
Toothpaste $2.09$2.4514.5%
Shampoo $0.87$1.0013.4%
Movie $8.33$10.2819.0%
Bowling $4.03$4.9318.4%


ItemCrown PointNational avg.Difference
Ground Beef $3.85$3.801.3%
Fried Chicken $1.27$1.409.1%
Milk $2.16$2.017.8%
Potatoes $3.20$3.016.3%
Pizza $12.08$9.8922.2%
Beer $8.68$8.902.4%

Health Care

ItemCrown PointNational avg.Difference
Optometrist $95.60$102.166.4%
Doctor $119.23$108.3610.0%
Dentist $96.71$92.534.5%
Ibuprofen $10.03$9.288.1%
Lipitor $427.37$425.820.4%


ItemCrown PointNational avg.Difference
Home Price $173,100.00$184,700.006.3%
Avg. Mortgage Payment $1,017.24$1,202.4415.4%
Apartment Rent $945.00$949.000.4%


ItemCrown PointNational avg.Difference
Gasoline $2.24$2.240.2%
Tire Balancing $53.95$46.2916.5%


ItemCrown PointNational avg.Difference
All Electricity$128.78$165.9622.4%
Phone $37.97$28.6832.4%
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.
Gary, IN77,85892-8%
Ford Heights, IL2,77592-8%
Phoenix, IL2,04294-6%
Lake Station, IN12,19995-5%
New Chicago, IN1,80595-5%
Crown Point, IN28,7431022%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Harker Heights, TX28,71692-8%
Agawam Town, MA28,70111111%
Marion, IN28,69883-17%
Hobart, IN28,6931011%
Perry Hall, MD28,79711515%
Crown Point, IN28,7431022%
Source: The Crown Point, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.
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