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Ferdinand, IN vs Marengo, IN

73
Ferdinand
Indiana
VS
+23.3%
59
Marengo
Indiana

There is a significant gap in the cost of living between these two cities. Marengo is 23.3% cheaper than Ferdinand. With a cost index of 59 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Marengo to Ferdinand should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ferdinand is $861/month compared to $637/month in Marengo — a 35% difference. Home values follow the same pattern: Marengo is more affordable at $87,500 median vs $172,700.

Median household income in Ferdinand is $74,943 compared to $43,458 in Marengo (+72.4%). While Ferdinand is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ferdinand spend roughly 13.8% of their income on rent, less than the 17.6% in Marengo.

Income & Cost

Cost of Living Index
Ferdinand
73
Marengo
59
19% cheaper
Median Household Income
Ferdinand
$74,943
42% higher
Marengo
$43,458

Housing

Median Rent
Ferdinand
$861
Marengo
$637
26% cheaper
Median Home Value
Ferdinand
$172,700
Marengo
$87,500
49% cheaper
Population
Ferdinand
2,346
Marengo
823

Salary Equivalency Calculator

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