Edgewood, IA vs Sumner, IA
There is a significant gap in the cost of living between these two cities. Sumner is 29.2% cheaper than Edgewood. With a cost index of 58 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sumner to Edgewood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edgewood is $975/month compared to $598/month in Sumner — a 63% difference. Home values follow the same pattern: Sumner is more affordable at $111,900 median vs $167,000.
Median household income in Edgewood is $56,875 compared to $56,174 in Sumner (+1.2%). 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 12.8% in Sumner.
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