Albia, IA vs Keokuk, IA
Albia, IA and Keokuk, IA have a very similar cost of living, with only a 4.6% difference in their overall index. Albia scores 67 while Keokuk scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Albia is $803/month compared to $810/month in Keokuk — a 1% difference. Interestingly, home values tell a different story: while Albia has cheaper rent, Keokuk actually has lower median home values ($93,700 vs $132,500).
Median household income in Albia is $67,791 compared to $49,340 in Keokuk (+37.4%). While Albia 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, less than the 19.7% in Keokuk.
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