Floyd, IA vs Tabor, IA

There is a significant gap in the cost of living between these two cities. Floyd is 15.4% cheaper than Tabor. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Floyd to Tabor should plan for substantially higher expenses across most categories.

On the housing front, median rent in Floyd is $850/month compared to $1,006/month in Tabor — a 16% difference. Home values follow the same pattern: Floyd is more affordable at $106,700 median vs $189,800.

Median household income in Floyd is $61,000 compared to $68,277 in Tabor (-10.7%). The higher salaries in Tabor partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Floyd spend roughly 16.7% of their income on rent, less than the 17.7% in Tabor.