Estherville, IA vs Northwood, IA
Estherville, IA and Northwood, IA have a very similar cost of living, with only a 4% difference in their overall index. Estherville scores 62 while Northwood scores 60 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 Estherville is $739/month compared to $583/month in Northwood — a 27% difference. Interestingly, home values tell a different story: while Northwood has cheaper rent, Estherville actually has lower median home values ($96,300 vs $124,800).
Median household income in Estherville is $54,624 compared to $64,615 in Northwood (-15.5%). Northwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Estherville spend roughly 16.2% of their income on rent, more than the 10.8% in Northwood.
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