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Clare, IA vs Stanwood, IA

58
Clare
Iowa
VS
-16.4%
69
Stanwood
Iowa

There is a significant gap in the cost of living between these two cities. Clare is 16.4% cheaper than Stanwood. With a cost index of 58 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clare to Stanwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clare is $650/month compared to $861/month in Stanwood — a 25% difference. Home values follow the same pattern: Clare is more affordable at $77,500 median vs $137,700.

Median household income in Clare is $83,750 compared to $58,750 in Stanwood (+42.6%). Clare offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clare spend roughly 9.3% of their income on rent, less than the 17.6% in Stanwood.

Income & Cost

Cost of Living Index
Clare
58
16% cheaper
Stanwood
69
Median Household Income
Clare
$83,750
30% higher
Stanwood
$58,750

Housing

Median Rent
Clare
$650
25% cheaper
Stanwood
$861
Median Home Value
Clare
$77,500
44% cheaper
Stanwood
$137,700
Population
Clare
179
Stanwood
520

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