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Decorah, IA vs Sibley, IA

75
Decorah
Iowa
VS
+15.3%
65
Sibley
Iowa

There is a significant gap in the cost of living between these two cities. Sibley is 15.3% cheaper than Decorah. With a cost index of 65 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sibley to Decorah should plan for substantially higher expenses across most categories.

On the housing front, median rent in Decorah is $788/month compared to $770/month in Sibley — a 2% difference. Home values follow the same pattern: Sibley is more affordable at $119,800 median vs $234,600.

Median household income in Decorah is $62,177 compared to $54,767 in Sibley (+13.5%). The higher salaries in Decorah partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Decorah spend roughly 15.2% of their income on rent, less than the 16.9% in Sibley.

Income & Cost

Cost of Living Index
Decorah
75
Sibley
65
13% cheaper
Median Household Income
Decorah
$62,177
12% higher
Sibley
$54,767

Housing

Median Rent
Decorah
$788
Sibley
$770
2% cheaper
Median Home Value
Decorah
$234,600
Sibley
$119,800
49% cheaper
Population
Decorah
7,597
Sibley
2,821

Salary Equivalency Calculator

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