Bloomfield, IN vs Lyons, IN
Bloomfield, IN and Lyons, IN have a very similar cost of living, with only a 3.1% difference in their overall index. Bloomfield scores 62 while Lyons scores 64 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 Bloomfield is $672/month compared to $824/month in Lyons — a 18% difference. Interestingly, home values tell a different story: while Bloomfield has cheaper rent, Lyons actually has lower median home values ($76,300 vs $108,700).
Median household income in Bloomfield is $51,144 compared to $57,917 in Lyons (-11.7%). While Lyons is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bloomfield spend roughly 15.8% of their income on rent, less than the 17.1% in Lyons.
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