Centerville, IA vs Indianola, IA
There is a significant gap in the cost of living between these two cities. Centerville is 21.8% cheaper than Indianola. With a cost index of 63 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Centerville to Indianola should plan for substantially higher expenses across most categories.
On the housing front, median rent in Centerville is $758/month compared to $966/month in Indianola — a 22% difference. Home values follow the same pattern: Centerville is more affordable at $99,000 median vs $228,100.
Median household income in Centerville is $41,472 compared to $78,125 in Indianola (-46.9%). While Indianola 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 14.8% in Indianola.
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