Farnhamville, IA vs Haverhill, IA

There is a significant gap in the cost of living between these two cities. Farnhamville is 25.8% cheaper than Haverhill. With a cost index of 60 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farnhamville to Haverhill should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Farnhamville are $69,200 compared to $116,500 in Haverhill, a 41% gap.

Median household income in Farnhamville is $55,000 compared to $59,583 in Haverhill (-7.7%). Haverhill does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.