Cost of Living in Cedar Lake, IN
Population 14,686 · Indiana · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Cedar Lake a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $260,000.
Located 35 miles southeast of Chicago, Cedar Lake falls within that metro's commuting orbit. Median home values run roughly 18% lower than Chicago's $315,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cedar Lake
The median home value in Cedar Lake is $259,900 — 15% below the national median of $305,000. Median rent runs $1,209/month, 8% lower than the national median of $1,314/month. The median household income of $79,177/year is 6% higher than the US median of $74,580. The local unemployment rate is 4.7%, below the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Cedar Lake has a cost of living index of 88 versus the US average of 100, meaning it is 12% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Cedar Lake, IN?
Cedar Lake has a cost index of 88 (100 = national average). It is 12% below the national average.
What is average rent in Cedar Lake, IN?
The median gross rent in Cedar Lake is $1,209 per month based on 2023 Census data.
What is the average home price in Cedar Lake?
The median home value in Cedar Lake is $259,900 according to Zillow and Census data.
What is the median income in Cedar Lake?
The median household income in Cedar Lake is $79,177 per year (2023 ACS 5-year estimates).
What is the sales tax in Cedar Lake, IN?
The combined state and local sales tax rate in Cedar Lake is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Cedar Lake, IN affordable?
Yes, Cedar Lake is generally considered affordable, with a cost of living index of 88 — about 12% below the US national average of 100.
Cedar Lake at a Glance
- Population
- 14,686
- Median Income
- $79,177
- Home Value
- $259,900
- Median Rent
- $1,209/mo
- Unemployment
- 4.7%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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