Bloomfield, IA vs Charles City, IA

There is a significant gap in the cost of living between these two cities. Charles City is 15% cheaper than Bloomfield. With a cost index of 61 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Charles City to Bloomfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bloomfield is $918/month compared to $628/month in Charles City — a 46% difference. Home values follow the same pattern: Charles City is more affordable at $118,900 median vs $122,600.

Median household income in Bloomfield is $61,679 compared to $56,734 in Charles City (+8.7%). The higher salaries in Bloomfield partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bloomfield spend roughly 17.9% of their income on rent, more than the 13.3% in Charles City.