Noblesville, IN vs Schererville, IN

Noblesville, IN and Schererville, IN have a very similar cost of living, with only a 1.3% difference in their overall index. Noblesville scores 98 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 Noblesville is $1,284/month compared to $1,224/month in Schererville — a 5% difference. Home values follow the same pattern: Schererville is more affordable at $294,600 median vs $321,800.

Median household income in Noblesville is $102,319 compared to $86,020 in Schererville (+18.9%). While Noblesville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Noblesville spend roughly 15.1% of their income on rent, less than the 17.1% in Schererville.