Beloit, WI vs River Falls, WI
There is a significant gap in the cost of living between these two cities. Beloit is 21.5% cheaper than River Falls. With a cost index of 73 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beloit to River Falls should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beloit is $989/month compared to $1,050/month in River Falls — a 6% difference. Home values follow the same pattern: Beloit is more affordable at $133,500 median vs $299,800.
Median household income in Beloit is $59,975 compared to $78,078 in River Falls (-23.2%). While River Falls 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 16.1% in River Falls.
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