Evansdale, IA vs Urbana, IA
Evansdale, IA and Urbana, IA have a very similar cost of living, with only a 3.6% difference in their overall index. Evansdale scores 71 while Urbana scores 73 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 Evansdale is $945/month compared to $776/month in Urbana — a 22% difference. Interestingly, home values tell a different story: while Urbana has cheaper rent, Evansdale actually has lower median home values ($138,200 vs $224,100).
Median household income in Evansdale is $57,415 compared to $112,672 in Urbana (-49%). While Urbana is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Evansdale spend roughly 19.8% of their income on rent, more than the 8.3% in Urbana.
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