Bloomfield, IA vs Cambridge, IA

Bloomfield is moderately more affordable than Cambridge, with a 11.7% lower cost of living index. Bloomfield scores 70 compared to 79 for Cambridge, where the US average is 100. This difference means residents of Cambridge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bloomfield is $918/month compared to $1,080/month in Cambridge — a 15% difference. Home values follow the same pattern: Bloomfield is more affordable at $122,600 median vs $172,800.

Median household income in Bloomfield is $61,679 compared to $74,531 in Cambridge (-17.2%). While Cambridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bloomfield spend roughly 17.9% of their income on rent, more than the 17.4% in Cambridge.