Cost of Living in Heritage Lake, IN
Population: 2,913 | Indiana
Heritage Lake is 7% less expensive than the national average.
Cost of Living in Heritage Lake, IN: What You Need to Know
With a cost of living index of 93, Heritage Lake, IN is slightly more affordable than average. Living here is 7% cheaper than the national average and 14% above the Indiana state average of 78. Heritage Lake is a small community of 2,913 residents.
The median household income in Heritage Lake is $81,495, which is 8% higher than the national median of $75,149.
Everyday prices in the Indianapolis-Carmel-Greenwood, IN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $81,495
- vs US Median ($75,149)
- +8%
Housing
- Median Home Value
- $237,300
- Median Monthly Housing Cost
- $1,300/mo
Everyday Prices in Heritage Lake
BLS Average Prices for the Indianapolis-Carmel-Greenwood, IN (Metropolitan Statistical Area) area