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Farmington, IA vs Reasnor, IA

58
Farmington
Iowa
VS
-13.9%
67
Reasnor
Iowa

Farmington is moderately more affordable than Reasnor, with a 13.9% lower cost of living index. Farmington scores 58 compared to 67 for Reasnor, where the US average is 100. This difference means residents of Reasnor 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 $900/month in Reasnor — a 23% difference. Home values follow the same pattern: Farmington is more affordable at $63,600 median vs $92,900.

Median household income in Farmington is $54,643 compared to $71,250 in Reasnor (-23.3%). While Reasnor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 15.2% of their income on rent, less than the 15.2% in Reasnor.

Income & Cost

Cost of Living Index
Farmington
58
14% cheaper
Reasnor
67
Median Household Income
Farmington
$54,643
Reasnor
$71,250
23% higher

Housing

Median Rent
Farmington
$692
23% cheaper
Reasnor
$900
Median Home Value
Farmington
$63,600
32% cheaper
Reasnor
$92,900
Population
Farmington
531
Reasnor
184

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Farmington
Reasnor $2.96
US $3.07
🥚
Eggs (grade A, large)
Farmington
Reasnor $2.42
US $2.50
🥛
Milk (whole)
Farmington
Reasnor $3.89
US $4.03
🍞
Bread (white)
Farmington
Reasnor $1.79
US $1.85
🍗
Chicken breast
Farmington
Reasnor $4.00
US $4.14
Electricity
Farmington
Reasnor $0.17
US $0.19