Epworth, IA vs Red Oak, IA
There is a significant gap in the cost of living between these two cities. Red Oak is 23.5% cheaper than Epworth. With a cost index of 63 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Red Oak to Epworth should plan for substantially higher expenses across most categories.
On the housing front, median rent in Epworth is $924/month compared to $768/month in Red Oak — a 20% difference. Home values follow the same pattern: Red Oak is more affordable at $91,600 median vs $229,200.
Median household income in Epworth is $73,571 compared to $52,996 in Red Oak (+38.8%). While Epworth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Epworth spend roughly 15.1% of their income on rent, less than the 17.4% in Red Oak.
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