Elliott, IA vs Laurens, IA

Elliott, IA and Laurens, IA have a very similar cost of living, with only a 4.4% difference in their overall index. Elliott scores 63 while Laurens scores 61 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 Elliott is $840/month compared to $763/month in Laurens — a 10% difference. Interestingly, home values tell a different story: while Laurens has cheaper rent, Elliott actually has lower median home values ($68,100 vs $71,000).

Median household income in Elliott is $65,357 compared to $56,354 in Laurens (+16%). While Elliott is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elliott spend roughly 15.4% of their income on rent, less than the 16.2% in Laurens.