| Index | Shipshewana | Indiana | National |
| Cost of living | 97 | 89 | 100 |
| Groceries | 97 | 97 | 100 |
| Health care | 96 | 97 | 100 |
| Housing | 101 | 72 | 100 |
| Transportation | 95 | 96 | 100 |
| Utilities | 97 | 96 | 100 |
| Lifestyle & Entertainment | 94 | 95 | 100 |
| Household Items | 99 | 98 | 100 |
| Education & Childcare | 91 | 94 | 100 |

| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $117,742 | $9,812 | $2,747 | $3,533 |
| Renters | $37,374 | $3,115 | $872 | $1,121 |
| State | General Sales Tax | With Max Surtax |
| Indiana | 7% | 7% |
| State | Income Tax (Low) | Income Tax (High) |
| Indiana | 3.15% | 3.15% |
| City | Population | Cost of Living Index | National Avg. |
| Burr Oak, MI | 817 | 83 | 17.2% |
| Ligonier, IN | 4,633 | 82 | 17.6% |
| Constantine, MI | 2,272 | 83 | 16.7% |
| Lagrange, IN | 2,812 | 83 | 17.4% |
| Wolcottville, IN | 982 | 83 | 16.9% |
| Shipshewana, IN | 1,057 | 97 | 2.7% |
| City | Population | Cost of Living Index | National Avg. |
| Primghar, IA | 1,057 | 82 | 17.6% |
| Montrose, BC | 1,057 | n/a | |
| Merrill, IA | 1,056 | 88 | 11.6% |
| Goodland, IN | 1,058 | 81 | 19.3% |
| New Franklin, MO | 1,056 | 82 | 18.3% |
| Shipshewana, IN | 1,057 | 97 | 2.7% |