Bedford, IN vs Pendleton, IN
There is a significant gap in the cost of living between these two cities. Bedford is 21.4% cheaper than Pendleton. With a cost index of 69 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bedford to Pendleton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bedford is $819/month compared to $1,154/month in Pendleton — a 29% difference. Home values follow the same pattern: Bedford is more affordable at $136,900 median vs $236,200.
Median household income in Bedford is $50,253 compared to $87,971 in Pendleton (-42.9%). While Pendleton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bedford spend roughly 19.6% of their income on rent, more than the 15.7% in Pendleton.
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