Danville, IA vs Fairfax, IA

There is a significant gap in the cost of living between these two cities. Danville is 23.9% cheaper than Fairfax. With a cost index of 69 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Danville to Fairfax should plan for substantially higher expenses across most categories.

On the housing front, median rent in Danville is $817/month compared to $1,188/month in Fairfax — a 31% difference. Home values follow the same pattern: Danville is more affordable at $148,600 median vs $278,800.

Median household income in Danville is $82,917 compared to $120,552 in Fairfax (-31.2%). While Fairfax is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Danville spend roughly 11.8% of their income on rent, less than the 11.8% in Fairfax.