Dyer, IN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
108
Dyer's Overall Cost Of Living
1.1x
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:

117 out of 124
In Indiana
3,954 out of 6,412
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
For more reading on cost of living around Indiana, check out:
Dyer Cost of Living Vs. IN

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
Search Homes For Sale In Dyer, IN
$235,700
Median Home Value
$1,182
Median Rent
$90,848
Median Income

Dyer, IN Costs By Category

Detailed Dyer Services Costs Vs. Indiana

Item Dyer Indiana
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05

Detailed Dyer Groceries Costs Vs. Indiana

Item Dyer Indiana
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Toothpaste $2.46 $2.34

Detailed Dyer Health Costs Vs. Indiana

Item Dyer Indiana
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Dyer Transportation Costs Vs. Indiana

Item Dyer Indiana
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed Dyer Utilities Costs Vs. Indiana

Item Dyer Indiana
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Dyer SnackAbility

9.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
8
Safety
9.5
Amenities
9
Education
9
Commute
5

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

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