Beloit, WI vs Fort Atkinson, WI
Beloit is moderately more affordable than Fort Atkinson, with a 5.7% lower cost of living index. Beloit scores 73 compared to 77 for Fort Atkinson, where the US average is 100. This difference means residents of Fort Atkinson can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Beloit is $989/month compared to $957/month in Fort Atkinson — a 3% difference. Interestingly, home values tell a different story: while Fort Atkinson has cheaper rent, Beloit actually has lower median home values ($133,500 vs $198,600).
Median household income in Beloit is $59,975 compared to $75,350 in Fort Atkinson (-20.4%). While Fort Atkinson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beloit spend roughly 19.8% of their income on rent, more than the 15.2% in Fort Atkinson.
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