Farley, IA vs Sheldon, IA

Sheldon is moderately more affordable than Farley, with a 9.1% lower cost of living index. Farley scores 78 compared to 72 for Sheldon, where the US average is 100. This difference means residents of Farley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farley is $893/month compared to $842/month in Sheldon — a 6% difference. Home values follow the same pattern: Sheldon is more affordable at $173,600 median vs $242,600.

Median household income in Farley is $96,563 compared to $68,448 in Sheldon (+41.1%). 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 14.8% in Sheldon.