Churdan, IA vs Malvern, IA

Churdan is moderately more affordable than Malvern, with a 7.2% lower cost of living index. Churdan scores 67 compared to 72 for Malvern, where the US average is 100. This difference means residents of Malvern can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Churdan is $967/month compared to $843/month in Malvern — a 15% difference. Interestingly, home values tell a different story: while Malvern has cheaper rent, Churdan actually has lower median home values ($71,400 vs $173,900).

Median household income in Churdan is $72,500 compared to $82,027 in Malvern (-11.6%). While Malvern is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Churdan spend roughly 16% of their income on rent, more than the 12.3% in Malvern.