Bennett, IA vs Laurens, IA
There is a significant gap in the cost of living between these two cities. Laurens is 20.6% cheaper than Bennett. With a cost index of 61 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Laurens to Bennett should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bennett is $1,000/month compared to $763/month in Laurens — a 31% difference. Home values follow the same pattern: Laurens is more affordable at $71,000 median vs $135,800.
Median household income in Bennett is $65,714 compared to $56,354 in Laurens (+16.6%). The higher salaries in Bennett partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bennett spend roughly 18.3% of their income on rent, more than the 16.2% in Laurens.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?