Cost of Living in Schererville, IN
Population 29,627 · Indiana · Data vintage 2023
(100 = US avg)
Most of Schererville's cost indicators track within a reasonable band of national figures, with median household incomes near $86,020 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.
Schererville is about 25 miles southeast of Chicago, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Chicago's $315,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Schererville
The median home value in Schererville is $294,600 — 3% below the national median of $305,000. Median rent runs $1,224/month, 7% lower than the national median of $1,314/month. The median household income of $86,020/year is 15% higher than the US median of $74,580. The local unemployment rate is 4.7%, below the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Schererville has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Schererville, IN?
Schererville has a cost index of 95 (100 = national average). It is 5% below the national average.
What is average rent in Schererville, IN?
The median gross rent in Schererville is $1,224 per month based on 2023 Census data.
What is the average home price in Schererville?
The median home value in Schererville is $294,600 according to Zillow and Census data.
What is the median income in Schererville?
The median household income in Schererville is $86,020 per year (2023 ACS 5-year estimates).
What is the sales tax in Schererville, IN?
The combined state and local sales tax rate in Schererville is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Schererville, IN affordable?
Schererville is near the national average in terms of cost of living, with an index of 95 (100 = US average).
Schererville at a Glance
- Population
- 29,627
- Median Income
- $86,020
- Home Value
- $294,600
- Median Rent
- $1,224/mo
- Unemployment
- 4.7%
- Sales Tax
- 7.0%
Explore county-level cost of living data
Indiana Rankings
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