Centerville, IA vs Farley, IA

There is a significant gap in the cost of living between these two cities. Centerville is 19.5% cheaper than Farley. With a cost index of 63 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Centerville to Farley should plan for substantially higher expenses across most categories.

On the housing front, median rent in Centerville is $758/month compared to $893/month in Farley — a 15% difference. Home values follow the same pattern: Centerville is more affordable at $99,000 median vs $242,600.

Median household income in Centerville is $41,472 compared to $96,563 in Farley (-57.1%). While Farley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Centerville spend roughly 21.9% of their income on rent, more than the 11.1% in Farley.