Bloomfield, IA vs Knoxville, IA

Bloomfield, IA and Knoxville, IA have a very similar cost of living, with only a 1.8% difference in their overall index. Bloomfield scores 70 while Knoxville scores 68 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 $810/month in Knoxville — a 13% difference. Interestingly, home values tell a different story: while Knoxville has cheaper rent, Bloomfield actually has lower median home values ($122,600 vs $147,600).

Median household income in Bloomfield is $61,679 compared to $70,136 in Knoxville (-12.1%). Knoxville 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 13.9% in Knoxville.