Dyer, IN Cost Of Living
Cost Of Living In Dyer, IN Summary
Cost of living in Dyer research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Dyer is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Dyer is 108, with 100 being the average.
The cost of living index in Dyer is 1.1x higher than the national average.
Dyer ranks as the #117 cheapest in Indiana out of 124.
Dyer ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Dyer is $235,700.
The median income in Dyer is $90,848.
Table Of Contents
Dyer's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Dyer, IN?
According to the most recent data on the cost of living, Dyer has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Indiana, Dyer has a cost of living index that's 1.2x higher than Indiana's index of 91.
The standard of living in Dyer ranks as #117 most affordable out of the 124 places we measured in Indiana. By definition, that implies Dyer ranks as the #7 most expensive place in the Hoosier State.
For more reading on life in Dyer, check out:
- Living In Dyer
- Dyer Crime Report
- Search Homes For Sale In Dyer, IN
In Indiana
In America
Dyer Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Dyer. Here is how it fairs on each of the criteria:
The Services index in Dyer is 115.
The Groceries index in Dyer is 109.
The Health index in Dyer is 100.
The Housing index in Dyer is 104.
The Transportation index in Dyer is 116.
The Utilities index in Dyer is 93.
| Living Expense | Dyer | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 108 | 91 | 100 | |
| Services | 115 | 94 | 100 | |
| Groceries | 109 | 96 | 100 | |
| Health | 100 | 101 | 100 | |
| Housing | 104 | 77 | 100 | |
| Transportation | 116 | 95 | 100 | |
| Utilities | 93 | 106 | 100 | |
Dyer, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Dyer is $235,700.
The Median Rent in Dyer is $1,182.
The Median Income in Dyer is $90,848.
The Home Value To Income in Dyer is 2.6x.
The Rent To Monthly Income in Dyer is 0.16x.
| Statistic | Dyer | Indiana | United States |
|---|---|---|---|
| Median Home Value | $235,700 | $158,500 | $244,900 |
| Median Rent | $1,182 | $891 | $1,163 |
| Median Income | $90,848 | $61,944 | $69,021 |
| Home Value To Income | 2.6x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Dyer, IN Costs By Category
Detailed Dyer Services Costs Vs. Indiana
Detailed Dyer Groceries Costs Vs. Indiana
Detailed Dyer Health Costs Vs. Indiana
Detailed Dyer Transportation Costs Vs. Indiana
Detailed Dyer Utilities Costs Vs. Indiana
Dyer SnackAbility
/10
Cost Of Living In Cities Around Dyer
The cost of living varies in the cities and towns around Dyer. Here's a quick look at the cost of living in the most populous nearby places:
Orland Park, IL has a cost of living index of 112, 1.0x Dyer.
Tinley Park, IL has a cost of living index of 105, 1.0x Dyer.
Schererville, IN has a cost of living index of 110, 1.0x Dyer.
| City | Population | Cost Of Living | Vs. Dyer |
|---|---|---|---|
| Orland Park, IL | 58,622 | 112 | 1.0x |
| Tinley Park, IL | 55,988 | 105 | 1.0x |
| Schererville, IN | 29,381 | 110 | 1.0x |
| Lansing, IL | 28,916 | 98 | 0.9x |
| Oak Forest, IL | 27,445 | 99 | 0.9x |
| Munster, IN | 23,717 | 109 | 1.0x |
| Frankfort, IL | 20,040 | 126 | 1.2x |
| Mokena, IL | 19,897 | 110 | 1.0x |
| St. John, IN | 19,805 | 108 | 1.0x |
| Griffith, IN | 16,213 | 98 | 0.9x |
