Cost of Living: Schererville, IN vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Schererville, IN versus $4,116/mo in New York, NY. In the model, rent is about 17.83% of gross in Schererville, IN versus 25.92% in New York, NY, so Schererville, IN tends to feel more affordable for rent.

Take-home in Schererville, IN
$4,332/mo
Income level: below
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Schererville, IN
17.83%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Schererville, IN and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Schererville, IN
  • Lower rent (median 1BR/2BR): Schererville, IN
  • Lower home prices: Schererville, IN
  • Higher median household income: Schererville, IN

Cost of Living Index

Schererville, IN: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Schererville, IN has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Schererville, IN: $1,163/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $527/mo higher than in Schererville, IN.

Median Home Price

Schererville, IN: $294,600 · New York, NY: $751,700

Median home price in New York, NY is $457,100 higher than in Schererville, IN.

Median Household Income

Schererville, IN: $86,020 · New York, NY: $79,713

Schererville, IN has a higher median household income than New York, NY by $6,307.

Schererville, IN overview · New York, NY overview · Popular comparisons