Cost of Living in Simonton Lake, IN
Population 4,113 · Indiana · Data vintage 2023
(100 = US avg)
Simonton Lake is a smaller Indiana community of around 4000 residents, where median household incomes of $74,233 and housing costs ($231,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.6% points to a labor market well on the tight side of the national distribution.
Simonton Lake sits roughly 15 miles east of South Bend — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 85% higher than South Bend's $125,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Simonton Lake
The median home value in Simonton Lake is $230,600 — 24% below the national median of $305,000. Median rent runs $1,101/month, 16% lower than the national median of $1,314/month. The median household income of $74,233/year is equal to than the US median of $74,580. The local unemployment rate is 2.6%, 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, Simonton Lake has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.
Simonton Lake has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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
Frequently Asked Questions
What is the cost of living in Simonton Lake, IN?
Simonton Lake has a cost index of 79 (100 = national average). It is 21% below the national average.
What is average rent in Simonton Lake, IN?
The median gross rent in Simonton Lake is $1,101 per month based on 2023 Census data.
What is the average home price in Simonton Lake?
The median home value in Simonton Lake is $230,600 according to 2023 Census ACS data.
What is the median income in Simonton Lake?
The median household income in Simonton Lake is $74,233 per year (2023 ACS 5-year estimates).
What is the sales tax in Simonton Lake, IN?
The combined state and local sales tax rate in Simonton Lake is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Simonton Lake, IN affordable?
Yes, Simonton Lake is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.
Simonton Lake at a Glance
- Population
- 4,113
- Median Income
- $74,233
- Home Value
- $230,600
- Median Rent
- $1,101/mo
- Unemployment
- 2.6%
- Sales Tax
- 7.0%
Explore county-level cost of living data
Indiana Rankings
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