Albion, IA vs Greenfield, IA

Greenfield is moderately more affordable than Albion, with a 9.3% lower cost of living index. Albion scores 65 compared to 60 for Greenfield, where the US average is 100. This difference means residents of Albion can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albion is $810/month compared to $600/month in Greenfield — a 35% difference. Interestingly, home values tell a different story: while Greenfield has cheaper rent, Albion actually has lower median home values ($105,400 vs $115,700).

Median household income in Albion is $73,750 compared to $53,152 in Greenfield (+38.8%). While Albion is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albion spend roughly 13.2% of their income on rent, less than the 13.5% in Greenfield.