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Cedar Lake, IN vs Portage, IN

94
Cedar Lake
Indiana
VS
+7%
88
Portage
Indiana

Portage is moderately more affordable than Cedar Lake, with a 7% lower cost of living index. Cedar Lake scores 94 compared to 88 for Portage, where the US average is 100. This difference means residents of Cedar Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cedar Lake is $1,209/month compared to $1,138/month in Portage — a 6% difference. Home values follow the same pattern: Portage is more affordable at $210,800 median vs $259,900.

Median household income in Cedar Lake is $79,177 compared to $72,833 in Portage (+8.7%). While Cedar Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cedar Lake spend roughly 18.3% of their income on rent, less than the 18.7% in Portage.

Income & Cost

Cost of Living Index
Cedar Lake
94
Portage
88
7% cheaper
Median Household Income
Cedar Lake
$79,177
8% higher
Portage
$72,833

Housing

Median Rent
Cedar Lake
$1,209
Portage
$1,138
6% cheaper
Median Home Value
Cedar Lake
$259,900
Portage
$210,800
19% cheaper
Population
Cedar Lake
14,686
Portage
37,951

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cedar Lake $3.20
Portage $3.20
US $3.07
🥚
Eggs (grade A, large)
Cedar Lake $2.61
Portage $2.61
US $2.50
🥛
Milk (whole)
Cedar Lake $4.20
Portage $4.20
US $4.03
🍞
Bread (white)
Cedar Lake $1.93
Portage $1.93
US $1.85
🍗
Chicken breast
Cedar Lake $4.32
Portage $4.32
US $4.14
Electricity
Cedar Lake $0.15
Portage $0.15
US $0.19