Clermont, IA vs Vincent, IA

Clermont, IA and Vincent, IA have a very similar cost of living, with only a 2.8% difference in their overall index. Clermont scores 57 while Vincent scores 58 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Clermont is $507/month compared to $625/month in Vincent — a 19% difference. Interestingly, home values tell a different story: while Clermont has cheaper rent, Vincent actually has lower median home values ($93,300 vs $117,200).

Median household income in Clermont is $73,906 compared to $83,125 in Vincent (-11.1%). While Vincent 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% in Vincent.