Bedford, IA vs Livermore, IA
There is a significant gap in the cost of living between these two cities. Bedford is 15.1% cheaper than Livermore. With a cost index of 59 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bedford to Livermore should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bedford is $663/month compared to $1,066/month in Livermore — a 38% difference. Interestingly, home values tell a different story: while Bedford has cheaper rent, Livermore actually has lower median home values ($67,700 vs $88,900).
Median household income in Bedford is $57,031 compared to $62,273 in Livermore (-8.4%). The higher salaries in Livermore partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bedford spend roughly 14% of their income on rent, less than the 20.5% in Livermore.
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