Boxholm, IA vs Collins, IA

There is a significant gap in the cost of living between these two cities. Boxholm is 22.1% cheaper than Collins. With a cost index of 54 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Boxholm to Collins should plan for substantially higher expenses across most categories.

On the housing front, median rent in Boxholm is $533/month compared to $883/month in Collins — a 40% difference. Home values follow the same pattern: Boxholm is more affordable at $72,700 median vs $130,700.

Median household income in Boxholm is $50,313 compared to $67,292 in Collins (-25.2%). While Collins is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boxholm spend roughly 12.7% of their income on rent, less than the 15.7% in Collins.