East Peru, IA vs New Vienna, IA

East Peru, IA and New Vienna, IA have a very similar cost of living, with only a 2% difference in their overall index. East Peru scores 67 while New Vienna scores 69 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 East Peru is $917/month compared to $763/month in New Vienna — a 20% difference. Interestingly, home values tell a different story: while New Vienna has cheaper rent, East Peru actually has lower median home values ($87,500 vs $176,800).

Median household income in East Peru is $67,083 compared to $90,938 in New Vienna (-26.2%). While New Vienna is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of East Peru spend roughly 16.4% of their income on rent, more than the 10.1% in New Vienna.