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Edgewood, IA vs Ridgeway, IA

75
Edgewood
Iowa
VS
+20.4%
62
Ridgeway
Iowa

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

Cost of Living Index
Edgewood
75
Ridgeway
62
17% cheaper
Median Household Income
Edgewood
$56,875
1% higher
Ridgeway
$56,500

Housing

Median Rent
Edgewood
$975
Ridgeway
$637
35% cheaper
Median Home Value
Edgewood
$167,000
Ridgeway
$136,600
18% cheaper
Population
Edgewood
787
Ridgeway
266

Salary Equivalency Calculator

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