Portage, IN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Portage, IN Summary

Cost of living in Portage research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Portage is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Portage is 101, with 100 being the average.

  • The cost of living index in Portage is 1.0x higher than the national average.

  • Portage ranks as the #108 cheapest in Indiana out of 124.

  • Portage ranks as the #3,263 cheapest out of 6,412 in the US.

  • The median home value in Portage is $164,600.

  • The median income in Portage is $63,550.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
101
Portage's Overall Cost Of Living
1.0x
Higher Than The National Average

What is the cost of living in Portage, IN?

According to the most recent data on the cost of living, Portage has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.

Compared to Indiana, Portage has a cost of living index that's 1.1x higher than Indiana's index of 91.

The standard of living in Portage ranks as #108 most affordable out of the 124 places we measured in Indiana. By definition, that implies Portage ranks as the #16 most expensive place in the Hoosier State.

For more reading on life in Portage, check out:

108 out of 124
In Indiana
3,263 out of 6,412
In America

Portage Cost Of Living Vs. Indiana

Six factors go into calculating the cost of living index in Portage. Here is how it fairs on each of the criteria:

  • The Services index in Portage is 115.

  • The Groceries index in Portage is 105.

  • The Health index in Portage is 101.

  • The Housing index in Portage is 81.

  • The Transportation index in Portage is 116.

  • The Utilities index in Portage is 93.

Living Expense Portage Indiana National Average
Overall 101 91 100
Services 115 94 100
Groceries 105 96 100
Health 101 101 100
Housing 81 77 100
Transportation 116 95 100
Utilities 93 106 100
For more reading on cost of living around Indiana, check out:
Portage Cost of Living Vs. IN

Portage, IN Housing Cost Breakdown

Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Portage is $164,600.

  • The Median Rent in Portage is $969.

  • The Median Income in Portage is $63,550.

  • The Home Value To Income in Portage is 2.6x.

  • The Rent To Monthly Income in Portage is 0.18x.

Statistic Portage Indiana United States
Median Home Value $164,600 $158,500 $244,900
Median Rent $969 $891 $1,163
Median Income $63,550 $61,944 $69,021
Home Value To Income 2.6x 2.6x 3.5x
Rent To Monthly Income 0.18x 0.17x 0.2x
Search Homes For Sale In Portage, IN
$164,600
Median Home Value
$969
Median Rent
$63,550
Median Income

Portage, IN Costs By Category

Detailed Portage Services Costs Vs. Indiana

Item Portage Indiana
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05

Detailed Portage Groceries Costs Vs. Indiana

Item Portage Indiana
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Toothpaste $2.46 $2.34

Detailed Portage Health Costs Vs. Indiana

Item Portage Indiana
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Portage Transportation Costs Vs. Indiana

Item Portage Indiana
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed Portage Utilities Costs Vs. Indiana

Item Portage Indiana
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Portage SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
8
Affordability
8
Diversity
8.5
Safety
N/A
Amenities
8.5
Education
6
Commute
5

Cost Of Living In Cities Around Portage

The cost of living varies in the cities and towns around Portage. Here's a quick look at the cost of living in the most populous nearby places:

  • Valparaiso, IN has a cost of living index of 103, 1.0x Portage.

  • Crown Point, IN has a cost of living index of 99, 1.0x Portage.

  • Lansing, IL has a cost of living index of 98, 1.0x Portage.

City Population Cost Of Living Vs. Portage
Valparaiso, IN 33,820 103 1.0x
Crown Point, IN 33,518 99 1.0x
Lansing, IL 28,916 98 1.0x
Munster, IN 23,717 109 1.1x
Dyer, IN 16,422 108 1.1x
Griffith, IN 16,213 98 1.0x
Chesterton, IN 14,045 102 1.0x
Lake Station, IN 13,292 93 0.9x
Lynwood, IL 9,095 101 1.0x
Lakes of the Four Seasons, IN 7,453 109 1.1x

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