Cost of Living in Country Squire Lakes, IN
Population: 3,211 | Indiana
Country Squire Lakes is 28% less expensive than the national average.
Cost of Living in Country Squire Lakes, IN: What You Need to Know
With a cost of living index of 72, Country Squire Lakes, IN is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 6% below the Indiana state average of 78. Country Squire Lakes is a small community of 3,211 residents.
Housing costs are the biggest factor in Country Squire Lakes's cost of living. The median monthly rent is $1,236 (6% below the US median of $1,319), and the median home value sits at $28,600 (91% below the national median of $304,900). At current prices, the median home costs roughly 0.5x the median household income — well within traditional affordability guidelines.
The median household income in Country Squire Lakes is $56,806, which is 24% lower than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $56,806
- vs US Median ($75,149)
- -24%
Housing
- Median Rent
- $1,236/mo
- Median Home Value
- $28,600
- Median Monthly Housing Cost
- $721/mo