Cantril, IA vs Odebolt, IA
There is a significant gap in the cost of living between these two cities. Odebolt is 25.8% cheaper than Cantril. With a cost index of 55 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Odebolt to Cantril should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cantril is $1,025/month compared to $499/month in Odebolt — a 105% difference. Interestingly, home values tell a different story: while Odebolt has cheaper rent, Cantril actually has lower median home values ($76,200 vs $98,100).
Median household income in Cantril is $37,500 compared to $54,914 in Odebolt (-31.7%). Odebolt offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cantril spend roughly 32.8% of their income on rent, more than the 10.9% in Odebolt. The Odebolt ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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