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Baxter, IA vs Scranton, IA

67
Baxter
Iowa
VS
+5.5%
63
Scranton
Iowa

Scranton is moderately more affordable than Baxter, with a 5.5% lower cost of living index. Baxter scores 67 compared to 63 for Scranton, where the US average is 100. This difference means residents of Baxter 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 $880/month in Scranton — a 21% difference. Interestingly, home values tell a different story: while Baxter has cheaper rent, Scranton actually has lower median home values ($58,600 vs $162,300).

Median household income in Baxter is $60,625 compared to $60,000 in Scranton (+1%). Baxter does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Baxter spend roughly 13.7% of their income on rent, less than the 17.6% in Scranton.

Income & Cost

Cost of Living Index
Baxter
67
Scranton
63
5% cheaper
Median Household Income
Baxter
$60,625
1% higher
Scranton
$60,000

Housing

Median Rent
Baxter
$693
21% cheaper
Scranton
$880
Median Home Value
Baxter
$162,300
Scranton
$58,600
64% cheaper
Population
Baxter
1,251
Scranton
434

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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