CostIndexUSA

Lake Charles, LA vs South Bend, IN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableLA
Lake Charles
85.9
overall index
$1,150/mo rent
IN
South Bend
92.9
overall index
$1,375/mo rent

Lake Charles is moderately cheaper than South Bend — 8.1% lower overall cost of living.

To match an $80,000 salary in Lake Charles, you would need $86,500 in South Bend. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+44.0%
Lake Charles
51.8
South Bend
74.6
🛒 Groceries≈ Equal
Lake Charles
93.7
South Bend
94.2
🚗 Transportation+3.7%
Lake Charles
100.5
South Bend
104.2
🏥 Healthcare+3.7%
Lake Charles
90.9
South Bend
94.3
Utilities+22.3%
Lake Charles
71.7
South Bend
87.7

Salary Equivalency Calculator

Enter your current salary in Lake Charles to see what you'd need to earn in South Bend to maintain the same purchasing power.

$
Equivalent salary in South Bend, IN
$86,500
$6,500 more needed in South Bend

Formula: salary × (92.9 ÷ 85.9) = salary × 1.0815. Based on BEA Regional Price Parities.

Housing Market

Lake Charles, LA

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
51.8
Price-to-Rent Ratio
13.8×

South Bend, IN

Median Home Price
$221,000
Median Monthly Rent
$1,375
Housing Index
74.6
Price-to-Rent Ratio
13.4×

South Bend has 44.0% higher housing costs compared to Lake Charles.

Income & Job Market

Lake Charles, LA

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
4%
Population
77,403
Top Industries
EnergyPetrochemicalsHealthcareGamingManufacturing

South Bend, IN

Median Household Income
$65,800
Per Capita Income
$37,500
Unemployment Rate
4.7%
Population
103,453
Top Industries
HealthcareEducationManufacturingFinanceRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Lake Charles, LA
4.7×income-to-rent ratio

79% of income left after rent (median)

South Bend, IN
4.0×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.