Dyer, IN vs Valparaiso, IN

Dyer, IN and Valparaiso, IN have a very similar cost of living, with only a 4.8% difference in their overall index. Dyer scores 95 while Valparaiso scores 91 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Dyer is $1,182/month compared to $1,142/month in Valparaiso — a 4% difference. Home values follow the same pattern: Valparaiso is more affordable at $250,500 median vs $288,700.

Median household income in Dyer is $101,183 compared to $67,664 in Valparaiso (+49.5%). While Dyer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dyer spend roughly 14% of their income on rent, less than the 20.3% in Valparaiso.