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Muncie, IN vs Schererville, IN

65
Muncie
Indiana
VS
-33.2%
97
Schererville
Indiana

The cost of living difference between Muncie, IN and Schererville, IN is dramatic. Muncie is 33.2% cheaper than Schererville, a gap that translates to thousands of dollars per year in household expenses. Muncie has a cost index of 65 while Schererville sits at 97, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Muncie is $867/month compared to $1,224/month in Schererville — a 29% difference. Home values follow the same pattern: Muncie is more affordable at $92,000 median vs $294,600.

Median household income in Muncie is $43,395 compared to $86,020 in Schererville (-49.6%). 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 Muncie spend roughly 24% of their income on rent, more than the 17.1% in Schererville.

Income & Cost

Cost of Living Index
Muncie
65
33% cheaper
Schererville
97
Median Household Income
Muncie
$43,395
Schererville
$86,020
50% higher

Housing

Median Rent
Muncie
$867
29% cheaper
Schererville
$1,224
Median Home Value
Muncie
$92,000
69% cheaper
Schererville
$294,600
Population
Muncie
64,739
Schererville
29,627

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Muncie $2.91
Schererville $3.20
US $3.07
🥚
Eggs (grade A, large)
Muncie $2.37
Schererville $2.61
US $2.50
🥛
Milk (whole)
Muncie $3.82
Schererville $4.20
US $4.03
🍞
Bread (white)
Muncie $1.75
Schererville $1.93
US $1.85
🍗
Chicken breast
Muncie $3.93
Schererville $4.32
US $4.14
Electricity
Muncie $0.16
Schererville $0.15
US $0.19