Housing costs in Schererville?
A typical home costs
$314,800, which is 6.9% less expensive than the national average of
$338,100 and 42.1% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Schererville costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 9.3% more than the state average of
$980.
Can I afford Schererville?
To live comfortably in Schererville (zip 46375), Indiana, a minimum annual income of
$60,480 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Schererville?
The cost of living in 46375 Schererville, IN is relatively low compared to the national average. The median home value in the area is just under $210,000, which is significantly lower than the national median home value of over $300,000. In addition, groceries and healthcare also tend to be less expensive in this area than other parts of Indiana or the nation as a whole. Utility costs are also generally cheaper, with electricity being 6% lower than the national average. Renters will find plenty of affordable apartments for rent in 46375 Schererville at an average price that is slightly below the state’s average. Overall, Schererville offers a great combination of economic stability and low costs that make it an excellent place to live.