Lowell, IN vs Schererville, IN

Lowell, IN and Schererville, IN have a very similar cost of living, with only a 4.9% difference in their overall index. Lowell scores 92 while Schererville scores 97 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 Lowell is $1,222/month compared to $1,224/month in Schererville — a 0% difference. Home values follow the same pattern: Lowell is more affordable at $236,900 median vs $294,600.

Median household income in Lowell is $83,125 compared to $86,020 in Schererville (-3.4%). The higher salaries in Schererville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lowell spend roughly 17.6% of their income on rent, more than the 17.1% in Schererville.