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Galva, IA vs Smithland, IA

59
Galva
Iowa
VS
-0.3%
59
Smithland
Iowa

Galva, IA and Smithland, IA have a very similar cost of living, with only a 0.3% difference in their overall index. Galva scores 59 while Smithland scores 59 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Galva is $675/month compared to $725/month in Smithland — a 7% difference. Interestingly, home values tell a different story: while Galva has cheaper rent, Smithland actually has lower median home values ($75,400 vs $80,700).

Median household income in Galva is $70,714 compared to $83,000 in Smithland (-14.8%). While Smithland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Galva spend roughly 11.5% of their income on rent, more than the 10.5% in Smithland.

Income & Cost

Cost of Living Index
Galva
59
Smithland
59
Median Household Income
Galva
$70,714
Smithland
$83,000
15% higher

Housing

Median Rent
Galva
$675
7% cheaper
Smithland
$725
Median Home Value
Galva
$80,700
Smithland
$75,400
7% cheaper
Population
Galva
432
Smithland
148

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Galva
Smithland $2.97
US $3.07
🥚
Eggs (grade A, large)
Galva
Smithland $2.42
US $2.50
🥛
Milk (whole)
Galva
Smithland $3.89
US $4.03
🍞
Bread (white)
Galva
Smithland $1.79
US $1.85
🍗
Chicken breast
Galva
Smithland $4.01
US $4.14
Electricity
Galva
Smithland $0.16
US $0.19