Eldridge, IA vs Norwalk, IA

Eldridge, IA and Norwalk, IA have a very similar cost of living, with only a 3% difference in their overall index. Eldridge scores 84 while Norwalk scores 81 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 Eldridge is $845/month compared to $869/month in Norwalk — a 3% difference. Interestingly, home values tell a different story: while Eldridge has cheaper rent, Norwalk actually has lower median home values ($275,700 vs $329,400).

Median household income in Eldridge is $101,089 compared to $94,583 in Norwalk (+6.9%). While Eldridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eldridge spend roughly 10% of their income on rent, less than the 11% in Norwalk.