Bloomfield, IN vs Marengo, IN

Bloomfield, IN and Marengo, IN have a very similar cost of living, with only a 4.7% difference in their overall index. Bloomfield scores 62 while Marengo scores 59 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 $637/month in Marengo — a 6% difference. Home values follow the same pattern: Marengo is more affordable at $87,500 median vs $108,700.

Median household income in Bloomfield is $51,144 compared to $43,458 in Marengo (+17.7%). While Bloomfield 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 17.6% in Marengo.