Clearfield, IA vs Montezuma, IA

There is a significant gap in the cost of living between these two cities. Clearfield is 18.3% cheaper than Montezuma. With a cost index of 57 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clearfield to Montezuma should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clearfield is $675/month compared to $843/month in Montezuma — a 20% difference. Home values follow the same pattern: Clearfield is more affordable at $63,000 median vs $157,800.

Median household income in Clearfield is $47,083 compared to $63,375 in Montezuma (-25.7%). While Montezuma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clearfield spend roughly 17.2% of their income on rent, more than the 16% in Montezuma.