Earlham, IA vs Packwood, IA

There is a significant gap in the cost of living between these two cities. Packwood is 25.2% cheaper than Earlham. With a cost index of 61 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Packwood to Earlham should plan for substantially higher expenses across most categories.

On the housing front, median rent in Earlham is $779/month compared to $750/month in Packwood — a 4% difference. Home values follow the same pattern: Packwood is more affordable at $79,100 median vs $248,400.

Median household income in Earlham is $104,464 compared to $43,750 in Packwood (+138.8%). While Earlham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Earlham spend roughly 8.9% of their income on rent, less than the 20.6% in Packwood.