Farmersburg, IA vs Winfield, IA

Farmersburg, IA and Winfield, IA have a very similar cost of living, with only a 1.2% difference in their overall index. Farmersburg scores 59 while Winfield scores 58 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 Farmersburg is $675/month compared to $596/month in Winfield — a 13% difference. Interestingly, home values tell a different story: while Winfield has cheaper rent, Farmersburg actually has lower median home values ($79,000 vs $99,800).

Median household income in Farmersburg is $48,542 compared to $46,364 in Winfield (+4.7%). While Farmersburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmersburg spend roughly 16.7% of their income on rent, more than the 15.4% in Winfield.