Fayette, IA vs Story City, IA

Fayette is moderately more affordable than Story City, with a 8.7% lower cost of living index. Fayette scores 71 compared to 78 for Story City, where the US average is 100. This difference means residents of Story City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fayette is $963/month compared to $956/month in Story City — a 1% difference. Interestingly, home values tell a different story: while Story City has cheaper rent, Fayette actually has lower median home values ($123,300 vs $205,800).

Median household income in Fayette is $39,297 compared to $73,558 in Story City (-46.6%). While Story City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fayette spend roughly 29.4% of their income on rent, more than the 15.6% in Story City.