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Rome City, IN vs Waveland, IN

77
Rome City
Indiana
VS
+12.8%
68
Waveland
Indiana

Waveland is moderately more affordable than Rome City, with a 12.8% lower cost of living index. Rome City scores 77 compared to 68 for Waveland, where the US average is 100. This difference means residents of Rome City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Rome City is $846/month compared to $920/month in Waveland — a 8% difference. Interestingly, home values tell a different story: while Rome City has cheaper rent, Waveland actually has lower median home values ($96,800 vs $231,300).

Median household income in Rome City is $72,054 compared to $60,956 in Waveland (+18.2%). While Rome City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Rome City spend roughly 14.1% of their income on rent, less than the 18.1% in Waveland.

Income & Cost

Cost of Living Index
Rome City
77
Waveland
68
11% cheaper
Median Household Income
Rome City
$72,054
15% higher
Waveland
$60,956

Housing

Median Rent
Rome City
$846
8% cheaper
Waveland
$920
Median Home Value
Rome City
$231,300
Waveland
$96,800
58% cheaper
Population
Rome City
1,271
Waveland
431

Salary Equivalency Calculator

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