Farmersburg, IN vs Roann, IN

Farmersburg, IN and Roann, IN have a very similar cost of living, with only a 3% difference in their overall index. Farmersburg scores 58 while Roann 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 Farmersburg is $682/month compared to $625/month in Roann — a 9% difference. Interestingly, home values tell a different story: while Roann has cheaper rent, Farmersburg actually has lower median home values ($73,200 vs $95,200).

Median household income in Farmersburg is $51,667 compared to $47,614 in Roann (+8.5%). Farmersburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farmersburg spend roughly 15.8% of their income on rent, less than the 15.8% in Roann.