Bayard, IA vs Fraser, IA
There is a significant gap in the cost of living between these two cities. Bayard is 23.6% cheaper than Fraser. With a cost index of 65 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bayard to Fraser should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Bayard are $57,700 compared to $158,900 in Fraser, a 64% gap.
Median household income in Bayard is $43,750 compared to $66,625 in Fraser (-34.3%). While Fraser is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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