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Avoca, IA vs Packwood, IA

72
Avoca
Iowa
VS
+18.6%
61
Packwood
Iowa

There is a significant gap in the cost of living between these two cities. Packwood is 18.6% cheaper than Avoca. With a cost index of 61 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Packwood to Avoca should plan for substantially higher expenses across most categories.

On the housing front, median rent in Avoca is $873/month compared to $750/month in Packwood — a 16% difference. Home values follow the same pattern: Packwood is more affordable at $79,100 median vs $165,700.

Median household income in Avoca is $70,552 compared to $43,750 in Packwood (+61.3%). While Avoca is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Avoca spend roughly 14.8% of their income on rent, less than the 20.6% in Packwood.

Income & Cost

Cost of Living Index
Avoca
72
Packwood
61
16% cheaper
Median Household Income
Avoca
$70,552
38% higher
Packwood
$43,750

Housing

Median Rent
Avoca
$873
Packwood
$750
14% cheaper
Median Home Value
Avoca
$165,700
Packwood
$79,100
52% cheaper
Population
Avoca
1,369
Packwood
484

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Avoca $2.96
Packwood
US $3.07
🥚
Eggs (grade A, large)
Avoca $2.41
Packwood
US $2.50
🥛
Milk (whole)
Avoca $3.89
Packwood
US $4.03
🍞
Bread (white)
Avoca $1.79
Packwood
US $1.85
🍗
Chicken breast
Avoca $4.00
Packwood
US $4.14
Electricity
Avoca $0.15
Packwood
US $0.19