Ayrshire, IA vs Clermont, IA
There is a significant gap in the cost of living between these two cities. Clermont is 26.6% cheaper than Ayrshire. With a cost index of 57 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clermont to Ayrshire should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ayrshire is $1,250/month compared to $507/month in Clermont — a 147% difference. Interestingly, home values tell a different story: while Clermont has cheaper rent, Ayrshire actually has lower median home values ($26,400 vs $117,200).
Median household income in Ayrshire is $55,625 compared to $73,906 in Clermont (-24.7%). Clermont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ayrshire spend roughly 27% of their income on rent, more than the 8.2% in Clermont.
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