Beaver Dam, IN vs Romney, IN

Beaver Dam, IN and Romney, IN have a very similar cost of living, with only a 3.9% difference in their overall index. Beaver Dam scores 81 while Romney scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Beaver Dam are $107,900 compared to $155,300 in Romney, a 31% gap.

Median household income in Beaver Dam is $52,917 compared to $61,133 in Romney (-13.4%). While Romney is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.