Albia, IA vs Montezuma, IA

Albia, IA and Montezuma, IA have a very similar cost of living, with only a 4.7% difference in their overall index. Albia scores 67 while Montezuma scores 70 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 $843/month in Montezuma — a 5% difference. Home values follow the same pattern: Albia is more affordable at $132,500 median vs $157,800.

Median household income in Albia is $67,791 compared to $63,375 in Montezuma (+7%). Albia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Albia spend roughly 14.2% of their income on rent, less than the 16% in Montezuma.