Cost of Living in Valparaiso, IN
Population: 34,377 • 2026 Data
$67,664
Median Household Income
-13% vs national
$1,142
Median Monthly Rent
-15% vs national
$250,500
Median Home Value
-26% vs national
3.4%
Unemployment Rate
Housing in Valparaiso
The median home value in Valparaiso, IN is $250,500. Monthly rent for a typical unit averages $1,142, while total monthly housing costs (including utilities and insurance) average $1,166.
Rent-to-income ratio: 20.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Valparaiso, IN is $67,664. The unemployment rate stands at 3.4%, with a labor force of 17,436 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.