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Corning, IA vs Truro, IA

62
Corning
Iowa
VS
-13.9%
71
Truro
Iowa

Corning is moderately more affordable than Truro, with a 13.9% lower cost of living index. Corning scores 62 compared to 71 for Truro, where the US average is 100. This difference means residents of Truro can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Corning is $750/month compared to $836/month in Truro — a 10% difference. Home values follow the same pattern: Corning is more affordable at $84,700 median vs $166,700.

Median household income in Corning is $60,446 compared to $65,313 in Truro (-7.5%). The higher salaries in Truro partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Corning spend roughly 14.9% of their income on rent, less than the 15.4% in Truro.

Income & Cost

Cost of Living Index
Corning
62
14% cheaper
Truro
71
Median Household Income
Corning
$60,446
Truro
$65,313
7% higher

Housing

Median Rent
Corning
$750
10% cheaper
Truro
$836
Median Home Value
Corning
$84,700
49% cheaper
Truro
$166,700
Population
Corning
1,573
Truro
534

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Corning
Truro $2.96
US $3.07
🥚
Eggs (grade A, large)
Corning
Truro $2.42
US $2.50
🥛
Milk (whole)
Corning
Truro $3.89
US $4.03
🍞
Bread (white)
Corning
Truro $1.79
US $1.85
🍗
Chicken breast
Corning
Truro $4.00
US $4.14
Electricity
Corning
Truro $0.17
US $0.19