What is the cost of living in Schererville, IN?
According to the most recent data on the cost of living, Schererville has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Indiana, Schererville has a cost of living index that's 1.1x higher than Indiana's index of 90.
The standard of living in Schererville ranks as #116 most affordable out of the 129 places we measured in Indiana. By definition, that implies Schererville ranks as the #13 most expensive place in the Hoosier State.
For more reading on life in Schererville, check out:
Schererville Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Schererville. Here is how it fares on each of the criteria:
The Services index in Schererville is 95.
The Groceries index in Schererville is 97.
The Health index in Schererville is 126.
The Housing index in Schererville is 94.
The Transportation index in Schererville is 97.
The Utilities index in Schererville is 93.
| Living Expense | Schererville | Indiana | National Average |
|---|---|---|---|
| Overall | 103 | 90 | 100 |
| Services | 95 | 97 | 100 |
| Groceries | 97 | 95 | 100 |
| Health | 126 | 72 | 100 |
| Housing | 94 | 98 | 100 |
| Transportation | 97 | 94 | 100 |
| Utilities | 93 | 96 | 100 |
Schererville Cost Of Living Compared To Indiana Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Indiana, check out:
Protect your home budget Compare home warranties in Schererville Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Schererville, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Schererville is $352,735.
The Median Rent in Schererville is $1,310.
The Median Income in Schererville is $89,466.
The Home Value To Income in Schererville is 3.9x.
The Rent To Monthly Income in Schererville is 0.18x.
| Statistic | Schererville | Indiana | United States |
|---|---|---|---|
| Median Home Value | $352,735 | $254,121 | $332,700 |
| Median Rent | $1,310 | $1,062 | $1,413 |
| Median Income | $89,466 | $71,957 | $80,734 |
| Home Value To Income | 3.9x | 3.5x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
Schererville, IN Costs By Category
Detailed Schererville Services costs vs. Indiana
| Item | Schererville | Indiana |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $17.91 | $12.13 |
| Bowling | $24.58 | $18 |
| Haircut | $33.69 | $24.26 |
| Beauty Salon | $53.44 | $45.56 |
Detailed Schererville Groceries costs vs. Indiana
| Item | Schererville | Indiana |
|---|---|---|
| Ground Beef | $5.28 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.87 | $4.67 |
| Potatoes | $4.9 | $4.93 |
| Pizza | $13.41 | $12.09 |
| Beer | $10.0 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Schererville Health costs vs. Indiana
| Item | Schererville | Indiana |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Schererville Transportation costs vs. Indiana
| Item | Schererville | Indiana |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Schererville Utilities costs vs. Indiana
| Item | Schererville | Indiana |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Schererville SnackAbility
Cost Of Living In Cities Around Schererville
The cost of living varies in the cities and towns around Schererville. Here's a quick look at the cost of living in the most populous nearby places:
Tinley Park, IL has a cost of living index of 111, 1.1x Schererville.
Merrillville, IN has a cost of living index of 92, 0.9x Schererville.
Crown Point, IN has a cost of living index of 103, 1.0x Schererville.
| City | Population | Cost Of Living | Vs. Schererville |
|---|---|---|---|
| Tinley Park, IL | 54,842 | 111 | 1.1x |
| Merrillville, IN | 36,476 | 92 | 0.9x |
| Crown Point, IN | 34,393 | 103 | 1.0x |
| Oak Forest, IL | 26,805 | 106 | 1.0x |
| Munster, IN | 23,733 | 104 | 1.0x |
| St. John, IN | 22,567 | 110 | 1.1x |
| South Holland, IL | 20,911 | 102 | 1.0x |
| Homewood, IL | 19,294 | 100 | 1.0x |
| Matteson, IL | 18,645 | 102 | 1.0x |
| Dyer, IN | 16,400 | 107 | 1.0x |
