Farley, IA vs Winterset, IA

Farley, IA and Winterset, IA have a very similar cost of living, with only a 2.9% difference in their overall index. Farley scores 78 while Winterset 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 $943/month in Winterset — a 5% difference. Interestingly, home values tell a different story: while Farley has cheaper rent, Winterset actually has lower median home values ($181,500 vs $242,600).

Median household income in Farley is $96,563 compared to $69,268 in Winterset (+39.4%). 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 16.3% in Winterset.