salaryRent is lower than in 71% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (87.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $50,800 a year. That is $24 an hour at a full-time job.
Is rent cheaper than other Indiana cities?
No. Rent here is more expensive than in most of Indiana. It is number 73 of 132 cities from cheapest to most expensive.
How much do households earn in Dyer?
Share of households by yearly income. 41.8% of households earn $100,000 or more.
Rent by apartment size in Dyer
| Size | Dyer | U.S. average |
|---|---|---|
| Studio | $3,500+ | $1,338 |
| 2 bedrooms | $1,617 | $1,509 |
| 3 bedrooms | $1,240 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Dyer overall?
Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Dyer, so the Indiana figure is shown.
Taxes and bills in Dyer
Life in Dyer
Is it cheaper to rent or buy in Dyer?
Renting is cheaper right now: about $966 a month less.
Owning assumes a typical $322,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,220 for the down payment.
Frequently asked questions
What is the average rent in Dyer, IN?
Renting in Dyer costs a median of about $1,270 a month in 2026, including utilities. The Indiana median is $1,219.
How much do I need to make to live in Dyer?
To keep rent under 30% of income, you need about $50,800 a year, or $24 an hour at a full-time job.
Is Dyer cheap or expensive?
Dyer is rated Cheap: rent takes 13.2% of the typical household income of $115,571. It ranks 73rd cheapest of 132 Indiana cities we track.
How much are property taxes in Dyer?
The median homeowner in Dyer pays $3,163 a year in property taxes, about 0.98% of the median home value.
Is Dyer more expensive than the national average?
Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Dyer?
The median home value in Dyer is $322,200, about 2.8 times the typical yearly household income.
16,400 people live in Dyer. Numbers are typical (middle) values.