Ayrshire, IA vs Thompson, IA

There is a significant gap in the cost of living between these two cities. Thompson is 17.7% cheaper than Ayrshire. With a cost index of 61 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Thompson 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 $696/month in Thompson — a 80% difference. Interestingly, home values tell a different story: while Thompson has cheaper rent, Ayrshire actually has lower median home values ($26,400 vs $99,600).

Median household income in Ayrshire is $55,625 compared to $49,375 in Thompson (+12.7%). The higher salaries in Ayrshire partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Ayrshire spend roughly 27% of their income on rent, more than the 16.9% in Thompson.