Alvord, IA vs Gray, IA

Alvord, IA and Gray, IA have a very similar cost of living, with only a 2.8% difference in their overall index. Alvord scores 79 while Gray scores 77 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.

When it comes to buying, median home values in Alvord are $85,600 compared to $51,700 in Gray, a 66% gap.

Median household income in Alvord is $70,972 compared to $57,125 in Gray (+24.2%). While Alvord is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.