Bennett, IA vs Fayette, IA

Bennett, IA and Fayette, IA have a very similar cost of living, with only a 3% difference in their overall index. Bennett scores 73 while Fayette scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bennett is $1,000/month compared to $963/month in Fayette — a 4% difference. Home values follow the same pattern: Fayette is more affordable at $123,300 median vs $135,800.

Median household income in Bennett is $65,714 compared to $39,297 in Fayette (+67.2%). While Bennett is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bennett spend roughly 18.3% of their income on rent, less than the 29.4% in Fayette.