Exira, IA vs Malcom, IA

Exira is moderately more affordable than Malcom, with a 9.2% lower cost of living index. Exira scores 56 compared to 61 for Malcom, where the US average is 100. This difference means residents of Malcom can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Exira is $566/month compared to $675/month in Malcom — a 16% difference. Home values follow the same pattern: Exira is more affordable at $73,700 median vs $110,100.

Median household income in Exira is $42,177 compared to $73,056 in Malcom (-42.3%). While Malcom is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Exira spend roughly 16.1% of their income on rent, more than the 11.1% in Malcom.