Durant, IA vs Montrose, IA
There is a significant gap in the cost of living between these two cities. Montrose is 19.9% cheaper than Durant. With a cost index of 59 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montrose to Durant should plan for substantially higher expenses across most categories.
On the housing front, median rent in Durant is $765/month compared to $654/month in Montrose — a 17% difference. Home values follow the same pattern: Montrose is more affordable at $92,100 median vs $202,000.
Median household income in Durant is $82,563 compared to $73,333 in Montrose (+12.6%). The higher salaries in Durant partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Durant spend roughly 11.1% of their income on rent, more than the 10.7% in Montrose.
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