Denison, IA vs Tipton, IA

Denison, IA and Tipton, IA have a very similar cost of living, with only a 3.3% difference in their overall index. Denison scores 66 while Tipton scores 69 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 Denison is $770/month compared to $823/month in Tipton — a 6% difference. Home values follow the same pattern: Denison is more affordable at $137,600 median vs $146,000.

Median household income in Denison is $63,850 compared to $67,625 in Tipton (-5.6%). While Tipton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Denison spend roughly 14.5% of their income on rent, less than the 14.6% in Tipton.