Frederika, IA vs Goldfield, IA

The cost of living difference between Frederika, IA and Goldfield, IA is dramatic. Goldfield is 43.2% cheaper than Frederika, a gap that translates to thousands of dollars per year in household expenses. Frederika has a cost index of 79 while Goldfield sits at 55, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Frederika are $101,600 compared to $87,800 in Goldfield, a 16% gap.

Median household income in Frederika is $48,750 compared to $54,500 in Goldfield (-10.6%). Goldfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.