Central City, IA vs Scranton, IA
Scranton is moderately more affordable than Central City, with a 5.5% lower cost of living index. Central City scores 67 compared to 63 for Scranton, where the US average is 100. This difference means residents of Central City can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Central City is $715/month compared to $880/month in Scranton — a 19% difference. Interestingly, home values tell a different story: while Central City has cheaper rent, Scranton actually has lower median home values ($58,600 vs $166,400).
Median household income in Central City is $81,607 compared to $60,000 in Scranton (+36%). While Central City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Central City spend roughly 10.5% of their income on rent, less than the 17.6% in Scranton.
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