Bloomfield, IA vs Danville, IA
Bloomfield, IA and Danville, IA have a very similar cost of living, with only a 1.4% difference in their overall index. Bloomfield scores 70 while Danville scores 69 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 Bloomfield is $918/month compared to $817/month in Danville — a 12% difference. Interestingly, home values tell a different story: while Danville has cheaper rent, Bloomfield actually has lower median home values ($122,600 vs $148,600).
Median household income in Bloomfield is $61,679 compared to $82,917 in Danville (-25.6%). Danville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bloomfield spend roughly 17.9% of their income on rent, more than the 11.8% in Danville.
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