Clarksville, IA vs New Albin, IA

There is a significant gap in the cost of living between these two cities. New Albin is 20.7% cheaper than Clarksville. With a cost index of 53 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Albin to Clarksville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarksville is $747/month compared to $342/month in New Albin — a 118% difference. Interestingly, home values tell a different story: while New Albin has cheaper rent, Clarksville actually has lower median home values ($114,200 vs $130,600).

Median household income in Clarksville is $55,781 compared to $58,936 in New Albin (-5.4%). New Albin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clarksville spend roughly 16.1% of their income on rent, more than the 7% in New Albin.