Centerville, IA vs Norwalk, IA

There is a significant gap in the cost of living between these two cities. Centerville is 22.7% cheaper than Norwalk. With a cost index of 63 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Centerville to Norwalk should plan for substantially higher expenses across most categories.

On the housing front, median rent in Centerville is $758/month compared to $869/month in Norwalk — a 13% difference. Home values follow the same pattern: Centerville is more affordable at $99,000 median vs $275,700.

Median household income in Centerville is $41,472 compared to $94,583 in Norwalk (-56.2%). While Norwalk 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% in Norwalk.