Farley, IA vs Ireton, IA
Farley, IA and Ireton, IA have a very similar cost of living, with only a 2.5% difference in their overall index. Farley scores 78 while Ireton scores 76 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 Farley is $893/month compared to $1,100/month in Ireton — a 19% difference. Interestingly, home values tell a different story: while Farley has cheaper rent, Ireton actually has lower median home values ($134,500 vs $242,600).
Median household income in Farley is $96,563 compared to $62,917 in Ireton (+53.5%). While Farley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farley spend roughly 11.1% of their income on rent, less than the 21% in Ireton.
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