Beloit, KS vs Peabody, KS

Peabody is moderately more affordable than Beloit, with a 6.9% lower cost of living index. Beloit scores 62 compared to 58 for Peabody, where the US average is 100. This difference means residents of Beloit can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beloit is $739/month compared to $672/month in Peabody — a 10% difference. Home values follow the same pattern: Peabody is more affordable at $73,800 median vs $99,100.

Median household income in Beloit is $50,865 compared to $52,539 in Peabody (-3.2%). Peabody offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beloit spend roughly 17.4% of their income on rent, more than the 15.3% in Peabody.