Cost of Living in South Haven, IN

Population 7,177 · Indiana · Data vintage 2023

72
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in South Haven stay well under national norms: a median home value of $164,000 against median household incomes of $78,530 gives the city one of the more comfortable price-to-income ratios in Indiana.

South Haven is about 35 miles southeast of Chicago, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 48% lower than Chicago's $315,000.

Cost Overview

Housing 54
Rent 100

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in South Haven

The median home value in South Haven is $163,500 — 46% below the national median of $305,000. Median rent runs $1,308/month, equal to than the national median of $1,314/month. The median household income of $78,530/year is 5% higher than the US median of $74,580. The local unemployment rate is 4.1%, 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, South Haven has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.

🏠 Housing

Median Home Value
$163,500
46% below avg
Median Rent
$1,308/mo
0% below avg
Price-to-Rent Ratio
10.4x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$783
2 BR
$985
3 BR
$1,286
4 BR
$1,456
Owner-occupied 74.1%
Renter-occupied 25.9%

💰 Estimated Monthly Budget

Rent median rent
$1,308
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,922/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.6 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.8%

Commute Mode

Drove alone
89.0%
Carpooled
6.7%
Work from home
3.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.0%
Total Sales Tax 7.0%
State rate 7.0%
Avg local rate 0.0%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$78,530
5% above avg
Per Capita Income
$35,342
Unemployment Rate
4.1%
16% below avg
Poverty Rate
11.9%
Labor Force Participation
64.0%

🎓 Education

Bachelor's degree+ 8.7%
Graduate degree 3.5%

👥 Demographics

Median Age 37.8
Male median age 38.2
Female median age 37.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
56.4%
Good air days/yr
180
Max AQI recorded
204
PM2.5 days
152
Ozone days

Frequently Asked Questions

What is the cost of living in South Haven, IN?

South Haven has a cost index of 72 (100 = national average). It is 28% below the national average.

What is average rent in South Haven, IN?

The median gross rent in South Haven is $1,308 per month based on 2023 Census data.

What is the average home price in South Haven?

The median home value in South Haven is $163,500 according to 2023 Census ACS data.

What is the median income in South Haven?

The median household income in South Haven is $78,530 per year (2023 ACS 5-year estimates).

What is the sales tax in South Haven, IN?

The combined state and local sales tax rate in South Haven is 7.0%. The Indiana state income tax top rate is 3.0%.

Is South Haven, IN affordable?

Yes, South Haven is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.