Arcanum, OH vs Beloit, OH
There is a significant gap in the cost of living between these two cities. Beloit is 25.2% cheaper than Arcanum. With a cost index of 55 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beloit to Arcanum should plan for substantially higher expenses across most categories.
On the housing front, median rent in Arcanum is $817/month compared to $565/month in Beloit — a 45% difference. Home values follow the same pattern: Beloit is more affordable at $98,300 median vs $147,300.
Median household income in Arcanum is $52,380 compared to $48,684 in Beloit (+7.6%). Arcanum does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Arcanum spend roughly 18.7% of their income on rent, more than the 13.9% in Beloit.
Climate-wise, both cities share similar average temperatures (53.9°F vs 51.7°F). Beloit receives more rainfall at 41.6" per year compared to 41.3" in Arcanum.
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Climate
NOAA 30-year normals (1991-2020)