Farragut, IA vs Millersburg, IA

Farragut, IA and Millersburg, IA have a very similar cost of living, with only a 1.2% difference in their overall index. Farragut scores 58 while Millersburg scores 57 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 Farragut is $584/month compared to $550/month in Millersburg — a 6% difference. Interestingly, home values tell a different story: while Millersburg has cheaper rent, Farragut actually has lower median home values ($102,900 vs $107,100).

Median household income in Farragut is $65,938 compared to $75,357 in Millersburg (-12.5%). Millersburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farragut spend roughly 10.6% of their income on rent, more than the 8.8% in Millersburg.