Fraser, IA vs Runnells, IA
There is a significant gap in the cost of living between these two cities. Runnells is 20.5% cheaper than Fraser. With a cost index of 71 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Runnells to Fraser should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Fraser are $158,900 compared to $196,900 in Runnells, a 19% gap.
Median household income in Fraser is $66,625 compared to $98,125 in Runnells (-32.1%). Runnells offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
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