Doon, IA vs Malvern, IA

There is a significant gap in the cost of living between these two cities. Doon is 17.9% cheaper than Malvern. With a cost index of 59 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Doon to Malvern should plan for substantially higher expenses across most categories.

On the housing front, median rent in Doon is $481/month compared to $843/month in Malvern — a 43% difference. Home values follow the same pattern: Doon is more affordable at $156,900 median vs $173,900.

Median household income in Doon is $59,688 compared to $82,027 in Malvern (-27.2%). While Malvern is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Doon spend roughly 9.7% of their income on rent, less than the 12.3% in Malvern.