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Fairfield, IA vs Marshalltown, IA

71
Fairfield
Iowa
VS
+4.3%
68
Marshalltown
Iowa

Fairfield, IA and Marshalltown, IA have a very similar cost of living, with only a 4.3% difference in their overall index. Fairfield scores 71 while Marshalltown scores 68 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 Fairfield is $864/month compared to $864/month in Marshalltown — a 0% difference. Home values follow the same pattern: Marshalltown is more affordable at $117,100 median vs $152,900.

Median household income in Fairfield is $48,302 compared to $68,854 in Marshalltown (-29.8%). Marshalltown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairfield spend roughly 21.5% of their income on rent, more than the 15.1% in Marshalltown.

Income & Cost

Cost of Living Index
Fairfield
71
Marshalltown
68
4% cheaper
Median Household Income
Fairfield
$48,302
Marshalltown
$68,854
30% higher

Housing

Median Rent
Fairfield
$864
Marshalltown
$864
Median Home Value
Fairfield
$152,900
Marshalltown
$117,100
23% cheaper
Population
Fairfield
9,438
Marshalltown
27,491

Salary Equivalency Calculator

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