Edgewood, IA vs Ridgeway, IA
There is a significant gap in the cost of living between these two cities. Ridgeway is 20.4% cheaper than Edgewood. With a cost index of 62 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ridgeway to Edgewood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edgewood is $975/month compared to $637/month in Ridgeway — a 53% difference. Home values follow the same pattern: Ridgeway is more affordable at $136,600 median vs $167,000.
Median household income in Edgewood is $56,875 compared to $56,500 in Ridgeway (+0.7%). Edgewood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Edgewood spend roughly 20.6% of their income on rent, more than the 13.5% in Ridgeway.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?