Floyd, IA vs Westwood, IA
There is a significant gap in the cost of living between these two cities. Floyd is 29% cheaper than Westwood. With a cost index of 66 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Floyd to Westwood should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Floyd are $106,700 compared to $258,900 in Westwood, a 59% gap.
Median household income in Floyd is $61,000 compared to $117,083 in Westwood (-47.9%). While Westwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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