Schererville, IN vs Terre Haute, IN

The cost of living difference between Schererville, IN and Terre Haute, IN is dramatic. Terre Haute is 46.2% cheaper than Schererville, a gap that translates to thousands of dollars per year in household expenses. Schererville has a cost index of 97 while Terre Haute sits at 66, 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 Schererville is $1,224/month compared to $877/month in Terre Haute — a 40% difference. Home values follow the same pattern: Terre Haute is more affordable at $109,500 median vs $294,600.

Median household income in Schererville is $86,020 compared to $41,960 in Terre Haute (+105%). 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 Schererville spend roughly 17.1% of their income on rent, less than the 25.1% in Terre Haute.