Eddyville, IA vs Tipton, IA

Eddyville, IA and Tipton, IA have a very similar cost of living, with only a 1.8% difference in their overall index. Eddyville scores 68 while Tipton 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 Eddyville is $887/month compared to $823/month in Tipton — a 8% difference. Interestingly, home values tell a different story: while Tipton has cheaper rent, Eddyville actually has lower median home values ($107,300 vs $146,000).

Median household income in Eddyville is $61,205 compared to $67,625 in Tipton (-9.5%). While Tipton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eddyville spend roughly 17.4% of their income on rent, more than the 14.6% in Tipton.