Lafayette, IN vs Schererville, IN

There is a significant gap in the cost of living between these two cities. Lafayette is 21.3% cheaper than Schererville. With a cost index of 76 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lafayette to Schererville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lafayette is $1,039/month compared to $1,224/month in Schererville — a 15% difference. Home values follow the same pattern: Lafayette is more affordable at $157,600 median vs $294,600.

Median household income in Lafayette is $52,946 compared to $86,020 in Schererville (-38.4%). 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 Lafayette spend roughly 23.5% of their income on rent, more than the 17.1% in Schererville.