Belmond, IA vs Tabor, IA

There is a significant gap in the cost of living between these two cities. Belmond is 16.2% cheaper than Tabor. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Belmond to Tabor should plan for substantially higher expenses across most categories.

On the housing front, median rent in Belmond is $820/month compared to $1,006/month in Tabor — a 19% difference. Home values follow the same pattern: Belmond is more affordable at $110,800 median vs $189,800.

Median household income in Belmond is $58,750 compared to $68,277 in Tabor (-14%). The higher salaries in Tabor partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Belmond spend roughly 16.7% of their income on rent, less than the 17.7% in Tabor.