Alexander, IA vs Gilmore City, IA

Alexander is moderately more affordable than Gilmore City, with a 14.8% lower cost of living index. Alexander scores 50 compared to 58 for Gilmore City, where the US average is 100. This difference means residents of Gilmore City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alexander is $446/month compared to $654/month in Gilmore City — a 32% difference. Home values follow the same pattern: Alexander is more affordable at $54,400 median vs $82,700.

Median household income in Alexander is $78,750 compared to $51,250 in Gilmore City (+53.7%). Alexander offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alexander spend roughly 6.8% of their income on rent, less than the 15.3% in Gilmore City.