Baldwin, IA vs Guernsey, IA

Baldwin, IA and Guernsey, IA have a very similar cost of living, with only a 3.5% difference in their overall index. Baldwin scores 62 while Guernsey scores 64 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 $850/month in Guernsey — a 0% difference. Interestingly, home values tell a different story: while Guernsey has cheaper rent, Baldwin actually has lower median home values ($49,000 vs $76,000).

Median household income in Baldwin is $49,583 compared to $67,917 in Guernsey (-27%). While Guernsey is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baldwin spend roughly 20.6% of their income on rent, more than the 15% in Guernsey.