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Fairbank, IA vs Humeston, IA

64
Fairbank
Iowa
VS
+19.3%
54
Humeston
Iowa

There is a significant gap in the cost of living between these two cities. Humeston is 19.3% cheaper than Fairbank. With a cost index of 54 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Humeston to Fairbank should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fairbank is $630/month compared to $546/month in Humeston — a 15% difference. Home values follow the same pattern: Humeston is more affordable at $65,000 median vs $173,200.

Median household income in Fairbank is $100,172 compared to $52,446 in Humeston (+91%). While Fairbank is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairbank spend roughly 7.5% of their income on rent, less than the 12.5% in Humeston.

Income & Cost

Cost of Living Index
Fairbank
64
Humeston
54
16% cheaper
Median Household Income
Fairbank
$100,172
48% higher
Humeston
$52,446

Housing

Median Rent
Fairbank
$630
Humeston
$546
13% cheaper
Median Home Value
Fairbank
$173,200
Humeston
$65,000
62% cheaper
Population
Fairbank
1,509
Humeston
505

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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