What is the Real Cost of Living in Schererville, IN?

What is the Real Cost of Living in Schererville, IN?

Nestled in the heart of the Midwest, Schererville, Ind., is a Chicagoland gem where suburban tranquility meets urban convenience. This charming town is known for its welcoming community vibes, excellent schools, and beautiful homes. If you're considering a move to Schererville, you're in for a delightful surprise. This in-depth guide will uncover the actual cost of living in Schererville, Ind. Read on to make an informed decision as a prospective homebuyer.

The cost of living in Schererville

Nestled amidst nature's embrace, Schererville weaves a tale of scenic beauty, heartfelt communities, and a promise of an affordable dream (you’ll also find corn fields and many basketball hoops). At first glance, the serene landscapes and vibrant neighborhoods might paint a picture of a high-priced paradise. Yet, the reality is instead a refreshing revelation. Schererville’s cost of living index is comfortably lower than the national average of 100. This enchanting town doesn't just offer affordability, but it does so with a generous sprinkle of quality.

Housing costs: Finding your dream home

The cornerstone of your living experience in Schererville is undoubtedly your home. The town offers diverse, beautiful housing options, from cozy single-family residences to modern condominiums. With the help of a trusted local agents like Manny and Laura Hernandez, you will easily find a property that’s a perfect match.

Various estimates put the median home price in Schererville between $300,000 and $400,000. Per the Multiple Listing Service (MLS), the median list price for single-family homes is $383,738 as of October 2023. While this is slightly higher than the median price for Northwest Indiana, Schererville is a reasonably affordable and desirable market for potential homeowners.

The town occupies an appealing middle ground: Schererville housing is in line with national averages, and the community stands out in terms of quality of life, not to mention proximity to Chicago. The picturesque town's real estate market is stable, with homes appreciating steadily. 

When comparing your budget to Schererville homes, exploring your preferences is essential. Do you envision a family-friendly suburban haven or a more compact and low-maintenance living space? Schererville caters to both, ensuring you can find a home that perfectly suits your needs.

Affordable dining and shopping

One of the most alluring aspects of living in Schererville is daily life. The town offers a wide range of amenities, from shopping centers to reasonably priced dining options. While you'll have easy access to big-box retailers, you'll also find delightful boutiques and local markets that offer unique goods and an authentic Midwestern experience.

The town’s two primary retail centers are Crossroads Shopping Center and Shops on Main. The former is located at the intersection of U.S. 41 and U.S. 30, featuring clothing stores, home improvement shops, electronics stores, and more. Meanwhile, Shops on Main is in the heart of downtown Schererville and is a great place to explore unique gifts, boutique clothing stores and restaurants.

When you dine out in Schererville, the town offers many excellent restaurants. Teibel’s Family Restaurant is a community fixture known for its fried chicken, seafood, and prime rib. One of the best Italian restaurants around is Ciao Bella Ristorante which features Tuscan-style Italian fare. Just 10 minutes away you can find Gamba Ristorante in Merrillville, with a cozy and intimate atmosphere ideal for dates or special occasions.

Outdoor recreation

Schererville also takes pride in its many beautiful parks and recreational facilities, creating a haven for outdoor enthusiasts. Peter G. Redar Memorial Park features walking paths, picnic areas, a large playground, baseball and softball fields, basketball courts, and a splash pad for kids during the summer months.

Located just northeast of Schererville, Oak Ridge Prairie and Oak Savannah Trail feature hiking and biking trails that wind through diverse natural landscapes, including prairies, wetlands, and woodlands. The nature preserve is an ideal spot for nature enthusiasts and birdwatchers.

Whether seeking a tranquil nature experience or family-friendly park activities, Schererville and the surrounding area offer amazing options for everyone to enjoy the great outdoors without any cost.

Employment opportunities: A thriving local economy

Schererville's convenient proximity to the Chicago metropolitan area provides residents access to many job opportunities. With Chicago just a short 30-mile commute away, Schererville residents represent various industries, including finance, healthcare, education, and more. The favorable business climate in the region creates a stable job market, allowing you to build your career while enjoying the tranquility of suburban life.

Transportation: Connectivity at its best

Schererville's strategic location ensures easy access to major highways, making commuting a breeze. Whether you work in Chicago or another nearby city, Schererville’s transportation infrastructure allows for a stress-free daily journey. The town also offers a well-maintained network of local roads, providing easy access to shopping, schools, and recreational areas.

The actual cost of living in Schererville, Indiana, extends to intangible aspects of life that enrich your daily existence. It's about the sense of community, the access to quality education, the ease of everyday life, and the opportunities for career growth. Schererville offers a peaceful environment with all the amenities of a bustling town, creating a priceless balance.

In the end, Schererville, with its mix of affordability and community warmth, presents itself as an alluring location for singles, families, and retirees alike. Whether you're sipping coffee at a local café, attending a school event, or simply taking a stroll in the park, you'll feel the town's embrace. In this place, the actual cost of living translates to priceless memories and enduring connections.

Work with Team Hernandez

If living in Schererville sounds like the perfect fit, reach out to the experts at Team Hernandez to get started. With outstanding market insight and a focus on your goals, Laura and Manny are ready to help you reach results. Contact Team Hernandez today.

*Header photo courtesy of Shutterstock

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