Collins, IA vs Woodbine, IA

Collins, IA and Woodbine, IA have a very similar cost of living, with only a 0.7% difference in their overall index. Collins scores 70 while Woodbine scores 70 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 Collins is $883/month compared to $858/month in Woodbine — a 3% difference. Interestingly, home values tell a different story: while Woodbine has cheaper rent, Collins actually has lower median home values ($130,700 vs $141,900).

Median household income in Collins is $67,292 compared to $54,167 in Woodbine (+24.2%). Collins offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Collins spend roughly 15.7% of their income on rent, less than the 19% in Woodbine.