Clermont, IA vs Gilbert, IA
There is a significant gap in the cost of living between these two cities. Clermont is 29.7% cheaper than Gilbert. With a cost index of 57 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clermont to Gilbert should plan for substantially higher expenses across most categories.
On the housing front, median rent in Clermont is $507/month compared to $887/month in Gilbert — a 43% difference. Home values follow the same pattern: Clermont is more affordable at $117,200 median vs $267,200.
Median household income in Clermont is $73,906 compared to $112,250 in Gilbert (-34.2%). While Gilbert is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clermont spend roughly 8.2% of their income on rent, less than the 9.5% in Gilbert.
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