Blencoe, IA vs Edgewood, IA
Blencoe, IA and Edgewood, IA have a very similar cost of living, with only a 2.4% difference in their overall index. Blencoe scores 77 while Edgewood scores 75 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 Blencoe is $1,281/month compared to $975/month in Edgewood — a 31% difference. Interestingly, home values tell a different story: while Edgewood has cheaper rent, Blencoe actually has lower median home values ($69,200 vs $167,000).
Median household income in Blencoe is $81,705 compared to $56,875 in Edgewood (+43.7%). While Blencoe is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Blencoe spend roughly 18.8% of their income on rent, less than the 20.6% in Edgewood.
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