Cushing, IA vs Goldfield, IA

Cushing, IA and Goldfield, IA have a very similar cost of living, with only a 4.3% difference in their overall index. Cushing scores 58 while Goldfield scores 55 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 Cushing is $725/month compared to $535/month in Goldfield — a 36% difference. Interestingly, home values tell a different story: while Goldfield has cheaper rent, Cushing actually has lower median home values ($57,700 vs $87,800).

Median household income in Cushing is $70,139 compared to $54,500 in Goldfield (+28.7%). While Cushing is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cushing spend roughly 12.4% of their income on rent, more than the 11.8% in Goldfield.