Allerton, IA vs Laurens, IA
Allerton is moderately more affordable than Laurens, with a 7.1% lower cost of living index. Allerton scores 56 compared to 61 for Laurens, where the US average is 100. This difference means residents of Laurens can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Allerton is $583/month compared to $763/month in Laurens — a 24% difference. Interestingly, home values tell a different story: while Allerton has cheaper rent, Laurens actually has lower median home values ($71,000 vs $85,000).
Median household income in Allerton is $45,417 compared to $56,354 in Laurens (-19.4%). While Laurens is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Allerton spend roughly 15.4% of their income on rent, less than the 16.2% in Laurens.
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