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Baxter, IA vs Bennett, IA

67
Baxter
Iowa
VS
-8.9%
73
Bennett
Iowa

Baxter is moderately more affordable than Bennett, with a 8.9% lower cost of living index. Baxter scores 67 compared to 73 for Bennett, where the US average is 100. This difference means residents of Bennett can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Baxter is $693/month compared to $1,000/month in Bennett — a 31% difference. Interestingly, home values tell a different story: while Baxter has cheaper rent, Bennett actually has lower median home values ($135,800 vs $162,300).

Median household income in Baxter is $60,625 compared to $65,714 in Bennett (-7.7%). The higher salaries in Bennett partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Baxter spend roughly 13.7% of their income on rent, less than the 18.3% in Bennett.

Income & Cost

Cost of Living Index
Baxter
67
9% cheaper
Bennett
73
Median Household Income
Baxter
$60,625
Bennett
$65,714
8% higher

Housing

Median Rent
Baxter
$693
31% cheaper
Bennett
$1,000
Median Home Value
Baxter
$162,300
Bennett
$135,800
16% cheaper
Population
Baxter
1,251
Bennett
418

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Baxter $2.96
Bennett
US $3.07
🥚
Eggs (grade A, large)
Baxter $2.42
Bennett
US $2.50
🥛
Milk (whole)
Baxter $3.89
Bennett
US $4.03
🍞
Bread (white)
Baxter $1.79
Bennett
US $1.85
🍗
Chicken breast
Baxter $4.00
Bennett
US $4.14
Electricity
Baxter $0.17
Bennett
US $0.19