Bloomington, IN vs Schererville, IN

Bloomington is moderately more affordable than Schererville, with a 5.7% lower cost of living index. Bloomington scores 92 compared to 97 for Schererville, where the US average is 100. This difference means residents of Schererville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bloomington is $1,160/month compared to $1,224/month in Schererville — a 5% difference. Home values follow the same pattern: Bloomington is more affordable at $289,700 median vs $294,600.

Median household income in Bloomington is $48,918 compared to $86,020 in Schererville (-43.1%). While Schererville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bloomington spend roughly 28.5% of their income on rent, more than the 17.1% in Schererville.