Farmington, IA vs Holstein, IA

Farmington is moderately more affordable than Holstein, with a 13% lower cost of living index. Farmington scores 58 compared to 67 for Holstein, where the US average is 100. This difference means residents of Holstein can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farmington is $692/month compared to $844/month in Holstein — a 18% difference. Home values follow the same pattern: Farmington is more affordable at $63,600 median vs $113,200.

Median household income in Farmington is $54,643 compared to $61,625 in Holstein (-11.3%). The higher salaries in Holstein partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Farmington spend roughly 15.2% of their income on rent, less than the 16.4% in Holstein.