Cost of Living: Schererville, IN vs Phoenix, AZ

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 $4,370/mo in Phoenix, AZ. In the model, rent is about 17.83% of gross in Schererville, IN versus 21.24% in Phoenix, AZ, so Schererville, IN tends to feel more affordable for rent.

Take-home in Schererville, IN
$4,332/mo
Income level: below
Take-home in Phoenix, AZ
$4,370/mo
Income level: near
Rent share (1BR) in Schererville, IN
17.83%
COLI tier: mid-range
Rent share (1BR) in Phoenix, AZ
21.24%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Schererville, IN and Phoenix, AZ.

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) · Phoenix, AZ: 102.4 (U.S. = 100)

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

Median Rent

Schererville, IN: $1,163/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo

Median rent in Phoenix, AZ is $222/mo higher than in Schererville, IN.

Median Home Price

Schererville, IN: $294,600 · Phoenix, AZ: $381,900

Median home price in Phoenix, AZ is $87,300 higher than in Schererville, IN.

Median Household Income

Schererville, IN: $86,020 · Phoenix, AZ: $77,041

Schererville, IN has a higher median household income than Phoenix, AZ by $8,979.

Schererville, IN overview · Phoenix, AZ overview · Popular comparisons