| Index | New Chicago | Indiana | National |
| Cost of living | 91 | 90 | 100 |
| Goods & Services | 107 | 94 | 100 |
| Groceries | 104 | 98 | 100 |
| Health care | 108 | 96 | 100 |
| Housing | 62 | 72 | 100 |
| Transportation | 107 | 95 | 100 |
| Utilities | 89 | 107 | 100 |
| Cost of living index | |
| Goods & Services index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $54,408 | $4,534 | $1,269 | $1,632 |
| Renters | $22,321 | $1,860 | $521 | $670 |
| State | General Sales Tax | With Max Surtax |
| Indiana | 7% | 7% |
| State | Income Tax (Low) | Income Tax (High) |
| Indiana | 3.15% | 3.15% |
| Item | New Chicago | National avg. | Difference |
| Haircut | $33.69 | $24.26 | 38.9% |
| Beauty Salon | $53.44 | $45.56 | 17.3% |
| Toothpaste | $3.75 | $3.70 | 1.4% |
| Shampoo | $1.27 | $1.28 | 1.1% |
| Movie | $17.91 | $12.13 | 47.6% |
| Bowling | $24.58 | $18.00 | 36.6% |
| Item | New Chicago | National avg. | Difference |
| Ground Beef | $5.28 | $5.84 | 9.5% |
| Fried Chicken | $1.42 | $1.57 | 9.7% |
| Milk | $4.87 | $4.67 | 4.3% |
| Potatoes | $4.90 | $4.93 | 0.7% |
| Pizza | $13.41 | $12.09 | 10.9% |
| Beer | $10.00 | $10.41 | 4.0% |
| Item | New Chicago | National avg. | Difference |
| Optometrist | $118.27 | $125.68 | 5.9% |
| Doctor | $167.67 | $135.78 | 23.5% |
| Dentist | $128.22 | $113.29 | 13.2% |
| Ibuprofen | $10.97 | $10.65 | 2.9% |
| Lipitor | $382.34 | $468.60 | 18.4% |
| Item | New Chicago | National avg. | Difference |
| Home Price | $83,900.00 | $184,700.00 | 54.6% |
| Avg. Mortgage Payment | $2,578.06 | $2,346.69 | 9.9% |
| Apartment Rent | $968.00 | $949.00 | 2.0% |
| Item | New Chicago | National avg. | Difference |
| Gasoline | $3.56 | $3.46 | 2.7% |
| Tire Balancing | $70.87 | $59.92 | 18.3% |
| Item | New Chicago | National avg. | Difference |
| All Electricity | $148.58 | $193.99 | 23.4% |
| Phone | $210.03 | $192.25 | 9.3% |
| City | Population | Cost of Living Index | National Avg. |
| Wheeler, IN | 229 | 104 | 3.9% |
| East Chicago, IN | 28,044 | 87 | 12.7% |
| Gary, IN | 75,486 | 88 | 12.0% |
| Lake Station, IN | 11,952 | 91 | 8.6% |
| Hammond, IN | 76,141 | 92 | 7.7% |
| New Chicago, IN | 1,846 | 91 | 8.6% |
| City | Population | Cost of Living Index | National Avg. |
| Reform, AL | 1,846 | 82 | 18.2% |
| Congress, AZ | 1,846 | 103 | 3.0% |
| Lakesite, TN | 1,846 | 100 | 0.3% |
| Canora, SK | 1,846 | n/a | |
| Mayer, AZ | 1,847 | 92 | 8.2% |
| New Chicago, IN | 1,846 | 91 | 8.6% |
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