Bloomfield, IA vs Underwood, IA

Bloomfield is moderately more affordable than Underwood, with a 8.1% lower cost of living index. Bloomfield scores 70 compared to 76 for Underwood, where the US average is 100. This difference means residents of Underwood 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 $819/month in Underwood — a 12% difference. Interestingly, home values tell a different story: while Underwood has cheaper rent, Bloomfield actually has lower median home values ($122,600 vs $227,400).

Median household income in Bloomfield is $61,679 compared to $90,556 in Underwood (-31.9%). While Underwood 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 10.9% in Underwood.