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Correctionville, IA vs Moorhead, IA

61
Correctionville
Iowa
VS
-3.3%
63
Moorhead
Iowa

Correctionville, IA and Moorhead, IA have a very similar cost of living, with only a 3.3% difference in their overall index. Correctionville scores 61 while Moorhead scores 63 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 Correctionville is $775/month compared to $867/month in Moorhead — a 11% difference. Interestingly, home values tell a different story: while Correctionville has cheaper rent, Moorhead actually has lower median home values ($56,400 vs $83,000).

Median household income in Correctionville is $51,125 compared to $35,938 in Moorhead (+42.3%). Correctionville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Correctionville spend roughly 18.2% of their income on rent, less than the 28.9% in Moorhead.

Income & Cost

Cost of Living Index
Correctionville
61
3% cheaper
Moorhead
63
Median Household Income
Correctionville
$51,125
30% higher
Moorhead
$35,938

Housing

Median Rent
Correctionville
$775
11% cheaper
Moorhead
$867
Median Home Value
Correctionville
$83,000
Moorhead
$56,400
32% cheaper
Population
Correctionville
768
Moorhead
263

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Correctionville $2.97
Moorhead $2.96
US $3.07
🥚
Eggs (grade A, large)
Correctionville $2.42
Moorhead $2.41
US $2.50
🥛
Milk (whole)
Correctionville $3.89
Moorhead $3.89
US $4.03
🍞
Bread (white)
Correctionville $1.79
Moorhead $1.79
US $1.85
🍗
Chicken breast
Correctionville $4.01
Moorhead $4.00
US $4.14
Electricity
Correctionville $0.16
Moorhead $0.15
US $0.19