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Cost & Benefits

Cost of living in Lake Station, Indiana

Lake Station, Indiana has about 13,185 people. Typical rent is $1,124 a month, including utilities, and a typical household earns $59,591 a year. Both figures are Census 2020–2024 medians, not a listing or your pay. This site does not approve or deny benefits. A missing figure stays blank. We do not guess it.

Ranked #124 in Indiana on the 2026 Most Affordable Towns Index.

Simple answer

Typical rent is $1,124 a month.

Lake Station is a city in Indiana. That rent number includes utilities. A typical household earns $59,591 a year.

Is Lake Station affordable?See benefits in Lake Station
People
13,185
Census average, 2020–2024
Typical rent
$1,124
Median gross rent, includes utilities
Typical pay
$59,591
Median household income, yearly
Typical home
$137,400
Median home value
2-bedroom fair rent
$1,429
Gary, IN HUD Metro FMR Area

Lake Station, Indiana has about 13,185 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $137,400.

HUD's fair-market rent for a 2-bedroom in Lake County is $1,429 a month. That is the county number, not an apartment listing in Lake Station. It runs from October 2026 through September 2027.

In the Chicago-Naperville-Elgin, IL-IN metro area, prices sit at 103.6 when the U.S. average is 100. That is a 2024 BEA index.

Indiana taxes wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not Lake Station's exact store tax.

Some places in Indiana add a local wage tax. In 2023 the state average was about 0.35% of income. That is not a Lake Station bill.

In July 2026, a typical Indiana home paid 16.73¢ per kilowatt-hour. That is a state average from EIA, not Lake Station's bill.

EIA did not publish a 2025 all-grades gas price for Indiana in the table we use.

Among 320 places we list in Indiana with a rent figure, 69 have higher typical rent than Lake Station.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near Lake StationWhat EBT can buy in Indiana

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Indiana

Bigger places in Indiana

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.