Berne, IN vs Farmland, IN

Berne, IN and Farmland, IN have a very similar cost of living, with only a 2.4% difference in their overall index. Berne scores 67 while Farmland scores 65 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.

On the housing front, median rent in Berne is $735/month compared to $826/month in Farmland — a 11% difference. Interestingly, home values tell a different story: while Berne has cheaper rent, Farmland actually has lower median home values ($92,900 vs $145,600).

Median household income in Berne is $59,413 compared to $41,516 in Farmland (+43.1%). While Berne is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Berne spend roughly 14.8% of their income on rent, less than the 23.9% in Farmland.