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Mellott, IN vs Romney, IN

60
Mellott
Indiana
VS
-29.6%
85
Romney
Indiana

There is a significant gap in the cost of living between these two cities. Mellott is 29.6% cheaper than Romney. With a cost index of 60 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mellott to Romney should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Mellott are $152,800 compared to $155,300 in Romney, a 2% gap.

Median household income in Mellott is $84,792 compared to $61,133 in Romney (+38.7%). Mellott offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Mellott
60
30% cheaper
Romney
85
Median Household Income
Mellott
$84,792
28% higher
Romney
$61,133

Housing

Median Rent
Mellott
$480
Romney
Median Home Value
Mellott
$152,800
2% cheaper
Romney
$155,300
Population
Mellott
198
Romney
561

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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