Denver, IA vs Edgewood, IA

Denver, IA and Edgewood, IA have a very similar cost of living, with only a 3% difference in their overall index. Denver scores 73 while Edgewood scores 75 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 Denver is $788/month compared to $975/month in Edgewood — a 19% difference. Interestingly, home values tell a different story: while Denver has cheaper rent, Edgewood actually has lower median home values ($167,000 vs $221,100).

Median household income in Denver is $90,156 compared to $56,875 in Edgewood (+58.5%). Denver offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Denver spend roughly 10.5% of their income on rent, less than the 20.6% in Edgewood.