Derby, IA vs Floyd, IA

There is a significant gap in the cost of living between these two cities. Floyd is 17.4% cheaper than Derby. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Floyd to Derby should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Derby are $73,800 compared to $106,700 in Floyd, a 31% gap.

Median household income in Derby is $58,750 compared to $61,000 in Floyd (-3.7%). Floyd offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.