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Epworth, IA vs Melbourne, IA

78
Epworth
Iowa
VS
+17.4%
66
Melbourne
Iowa

There is a significant gap in the cost of living between these two cities. Melbourne is 17.4% cheaper than Epworth. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Melbourne to Epworth should plan for substantially higher expenses across most categories.

On the housing front, median rent in Epworth is $924/month compared to $722/month in Melbourne — a 28% difference. Home values follow the same pattern: Melbourne is more affordable at $147,400 median vs $229,200.

Median household income in Epworth is $73,571 compared to $82,857 in Melbourne (-11.2%). Melbourne offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Epworth spend roughly 15.1% of their income on rent, more than the 10.5% in Melbourne.

Income & Cost

Cost of Living Index
Epworth
78
Melbourne
66
15% cheaper
Median Household Income
Epworth
$73,571
Melbourne
$82,857
11% higher

Housing

Median Rent
Epworth
$924
Melbourne
$722
22% cheaper
Median Home Value
Epworth
$229,200
Melbourne
$147,400
36% cheaper
Population
Epworth
1,991
Melbourne
714

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Epworth $2.96
Melbourne $2.96
US $3.07
🥚
Eggs (grade A, large)
Epworth $2.42
Melbourne $2.42
US $2.50
🥛
Milk (whole)
Epworth $3.89
Melbourne $3.89
US $4.03
🍞
Bread (white)
Epworth $1.79
Melbourne $1.79
US $1.85
🍗
Chicken breast
Epworth $4.00
Melbourne $4.00
US $4.14
Electricity
Epworth $0.16
Melbourne $0.17
US $0.19