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Bloomfield, IN vs New Harmony, IN

62
Bloomfield
Indiana
VS
-15.5%
73
New Harmony
Indiana

There is a significant gap in the cost of living between these two cities. Bloomfield is 15.5% cheaper than New Harmony. With a cost index of 62 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bloomfield to New Harmony should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bloomfield is $672/month compared to $897/month in New Harmony — a 25% difference. Home values follow the same pattern: Bloomfield is more affordable at $108,700 median vs $177,400.

Median household income in Bloomfield is $51,144 compared to $50,809 in New Harmony (+0.7%). Bloomfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bloomfield spend roughly 15.8% of their income on rent, less than the 21.2% in New Harmony.

Income & Cost

Cost of Living Index
Bloomfield
62
15% cheaper
New Harmony
73
Median Household Income
Bloomfield
$51,144
1% higher
New Harmony
$50,809

Housing

Median Rent
Bloomfield
$672
25% cheaper
New Harmony
$897
Median Home Value
Bloomfield
$108,700
39% cheaper
New Harmony
$177,400
Population
Bloomfield
2,440
New Harmony
867

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bloomfield
New Harmony $2.91
US $3.07
🥚
Eggs (grade A, large)
Bloomfield
New Harmony $2.37
US $2.50
🥛
Milk (whole)
Bloomfield
New Harmony $3.82
US $4.03
🍞
Bread (white)
Bloomfield
New Harmony $1.75
US $1.85
🍗
Chicken breast
Bloomfield
New Harmony $3.93
US $4.14
Electricity
Bloomfield
New Harmony $0.16
US $0.19