Allerton, IA vs Springville, IA

There is a significant gap in the cost of living between these two cities. Allerton is 25.9% cheaper than Springville. With a cost index of 56 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Allerton to Springville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Allerton is $583/month compared to $1,000/month in Springville — a 42% difference. Home values follow the same pattern: Allerton is more affordable at $85,000 median vs $175,900.

Median household income in Allerton is $45,417 compared to $96,250 in Springville (-52.8%). While Springville 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, more than the 12.5% in Springville.