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Garwin, IA vs Sherrill, IA

58
Garwin
Iowa
VS
-20.9%
74
Sherrill
Iowa

There is a significant gap in the cost of living between these two cities. Garwin is 20.9% cheaper than Sherrill. With a cost index of 58 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Garwin to Sherrill should plan for substantially higher expenses across most categories.

On the housing front, median rent in Garwin is $645/month compared to $825/month in Sherrill — a 22% difference. Home values follow the same pattern: Garwin is more affordable at $85,100 median vs $214,700.

Median household income in Garwin is $56,563 compared to $91,250 in Sherrill (-38%). While Sherrill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Garwin spend roughly 13.7% of their income on rent, more than the 10.8% in Sherrill.

Income & Cost

Cost of Living Index
Garwin
58
21% cheaper
Sherrill
74
Median Household Income
Garwin
$56,563
Sherrill
$91,250
38% higher

Housing

Median Rent
Garwin
$645
22% cheaper
Sherrill
$825
Median Home Value
Garwin
$85,100
60% cheaper
Sherrill
$214,700
Population
Garwin
554
Sherrill
185

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Garwin
Sherrill $2.96
US $3.07
🥚
Eggs (grade A, large)
Garwin
Sherrill $2.42
US $2.50
🥛
Milk (whole)
Garwin
Sherrill $3.89
US $4.03
🍞
Bread (white)
Garwin
Sherrill $1.79
US $1.85
🍗
Chicken breast
Garwin
Sherrill $4.00
US $4.14
Electricity
Garwin
Sherrill $0.16
US $0.19