Albia, IA vs Gilbert, IA

There is a significant gap in the cost of living between these two cities. Albia is 17.1% cheaper than Gilbert. With a cost index of 67 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Albia to Gilbert should plan for substantially higher expenses across most categories.

On the housing front, median rent in Albia is $803/month compared to $887/month in Gilbert — a 10% difference. Home values follow the same pattern: Albia is more affordable at $132,500 median vs $267,200.

Median household income in Albia is $67,791 compared to $112,250 in Gilbert (-39.6%). While Gilbert is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albia spend roughly 14.2% of their income on rent, more than the 9.5% in Gilbert.