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Cost of Living in Lakewood, IN

Population: 530 | Indiana

95
Cost of Living Index
US Average = 100

Lakewood is 5% less expensive than the national average.

100
Housing
88
Home Values
93
Regional Price

Cost of Living in Lakewood, IN: What You Need to Know

With a cost of living index of 95, Lakewood, IN is slightly more affordable than average. Living here is 5% cheaper than the national average and 17% above the Indiana state average of 78. Lakewood is a small community of 530 residents.

The median household income in Lakewood is $107,574, which is 43% higher than the national median of $75,149.

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
$107,574
vs US Median ($75,149)
+43%

Housing

Median Home Value
$269,400
Median Monthly Housing Cost
$1,507/mo
→ Best Places to Live in Indiana (2026)

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