Boswell, IN vs Somerville, IN

There is a significant gap in the cost of living between these two cities. Somerville is 15.7% cheaper than Boswell. With a cost index of 58 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Somerville to Boswell should plan for substantially higher expenses across most categories.

On the housing front, median rent in Boswell is $900/month compared to $613/month in Somerville — a 47% difference. Interestingly, home values tell a different story: while Somerville has cheaper rent, Boswell actually has lower median home values ($92,400 vs $94,100).

Median household income in Boswell is $49,091 compared to $71,250 in Somerville (-31.1%). Somerville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Boswell spend roughly 22% of their income on rent, more than the 10.3% in Somerville.