Corydon, IA vs Mount Vernon, IA
There is a significant gap in the cost of living between these two cities. Corydon is 20% cheaper than Mount Vernon. With a cost index of 61 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Corydon to Mount Vernon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Corydon is $738/month compared to $802/month in Mount Vernon — a 8% difference. Home values follow the same pattern: Corydon is more affordable at $88,800 median vs $256,900.
Median household income in Corydon is $48,988 compared to $106,356 in Mount Vernon (-53.9%). While Mount Vernon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Corydon spend roughly 18.1% of their income on rent, more than the 9% in Mount Vernon.
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