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Lake Station, IN vs Westville, IN

80
Lake Station
Indiana
VS
+12.1%
71
Westville
Indiana

Westville is moderately more affordable than Lake Station, with a 12.1% lower cost of living index. Lake Station scores 80 compared to 71 for Westville, where the US average is 100. This difference means residents of Lake Station can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Station is $1,115/month compared to $878/month in Westville — a 27% difference. Interestingly, home values tell a different story: while Westville has cheaper rent, Lake Station actually has lower median home values ($124,800 vs $152,000).

Median household income in Lake Station is $56,306 compared to $59,732 in Westville (-5.7%). Westville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lake Station spend roughly 23.8% of their income on rent, more than the 17.6% in Westville.

Income & Cost

Cost of Living Index
Lake Station
80
Westville
71
11% cheaper
Median Household Income
Lake Station
$56,306
Westville
$59,732
6% higher

Housing

Median Rent
Lake Station
$1,115
Westville
$878
21% cheaper
Median Home Value
Lake Station
$124,800
18% cheaper
Westville
$152,000
Population
Lake Station
13,109
Westville
5,291

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lake Station $3.20
Westville $2.91
US $3.07
🥚
Eggs (grade A, large)
Lake Station $2.61
Westville $2.37
US $2.50
🥛
Milk (whole)
Lake Station $4.20
Westville $3.82
US $4.03
🍞
Bread (white)
Lake Station $1.93
Westville $1.75
US $1.85
🍗
Chicken breast
Lake Station $4.32
Westville $3.93
US $4.14
Electricity
Lake Station $0.15
Westville $0.16
US $0.19