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Akron, IA vs Garwin, IA

64
Akron
Iowa
VS
+9.7%
58
Garwin
Iowa

Garwin is moderately more affordable than Akron, with a 9.7% lower cost of living index. Akron scores 64 compared to 58 for Garwin, where the US average is 100. This difference means residents of Akron can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Akron is $700/month compared to $645/month in Garwin — a 9% difference. Home values follow the same pattern: Garwin is more affordable at $85,100 median vs $145,300.

Median household income in Akron is $59,706 compared to $56,563 in Garwin (+5.6%). The higher salaries in Akron partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Akron spend roughly 14.1% of their income on rent, more than the 13.7% in Garwin.

Income & Cost

Cost of Living Index
Akron
64
Garwin
58
9% cheaper
Median Household Income
Akron
$59,706
5% higher
Garwin
$56,563

Housing

Median Rent
Akron
$700
Garwin
$645
8% cheaper
Median Home Value
Akron
$145,300
Garwin
$85,100
41% cheaper
Population
Akron
1,660
Garwin
554

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Akron $2.97
Garwin
US $3.07
🥚
Eggs (grade A, large)
Akron $2.42
Garwin
US $2.50
🥛
Milk (whole)
Akron $3.89
Garwin
US $4.03
🍞
Bread (white)
Akron $1.79
Garwin
US $1.85
🍗
Chicken breast
Akron $4.01
Garwin
US $4.14
Electricity
Akron $0.16
Garwin
US $0.19