Clarinda, IA vs Farley, IA

There is a significant gap in the cost of living between these two cities. Clarinda is 22.2% cheaper than Farley. With a cost index of 61 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clarinda to Farley should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarinda is $653/month compared to $893/month in Farley — a 27% difference. Home values follow the same pattern: Clarinda is more affordable at $112,200 median vs $242,600.

Median household income in Clarinda is $50,644 compared to $96,563 in Farley (-47.6%). While Farley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clarinda spend roughly 15.5% of their income on rent, more than the 11.1% in Farley.