Baldwin, IA vs Doon, IA

Baldwin, IA and Doon, IA have a very similar cost of living, with only a 3.9% difference in their overall index. Baldwin scores 62 while Doon scores 59 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.

On the housing front, median rent in Baldwin is $850/month compared to $481/month in Doon — a 77% difference. Interestingly, home values tell a different story: while Doon has cheaper rent, Baldwin actually has lower median home values ($49,000 vs $156,900).

Median household income in Baldwin is $49,583 compared to $59,688 in Doon (-16.9%). Doon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Baldwin spend roughly 20.6% of their income on rent, more than the 9.7% in Doon.