Cost of Living in Winona Lake, IN
Population 5,073 · Indiana · Data vintage 2023
(100 = US avg)
Winona Lake sits on the smaller end of the Indiana city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 1.0% — below most comparable cities in the state.
Geographically, Winona Lake is about 35 miles west of Fort Wayne, the nearest large metro. Median home values run roughly 43% higher than Fort Wayne's $170,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Winona Lake
The median home value in Winona Lake is $242,400 — 21% below the national median of $305,000. Median rent runs $1,074/month, 18% lower than the national median of $1,314/month. The median household income of $97,813/year is 31% higher than the US median of $74,580. The local unemployment rate is 1.0%, 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, Winona Lake has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.
Winona 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
Frequently Asked Questions
What is the cost of living in Winona Lake, IN?
Winona Lake has a cost index of 80 (100 = national average). It is 20% below the national average.
What is average rent in Winona Lake, IN?
The median gross rent in Winona Lake is $1,074 per month based on 2023 Census data.
What is the average home price in Winona Lake?
The median home value in Winona Lake is $242,400 according to Zillow and Census data.
What is the median income in Winona Lake?
The median household income in Winona Lake is $97,813 per year (2023 ACS 5-year estimates).
What is the sales tax in Winona Lake, IN?
The combined state and local sales tax rate in Winona Lake is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Winona Lake, IN affordable?
Yes, Winona Lake is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.
Winona Lake at a Glance
- Population
- 5,073
- Median Income
- $97,813
- Home Value
- $242,400
- Median Rent
- $1,074/mo
- Unemployment
- 1.0%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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