Gilbert, IA vs Scranton, IA
There is a significant gap in the cost of living between these two cities. Scranton is 27.7% cheaper than Gilbert. With a cost index of 63 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Scranton to Gilbert should plan for substantially higher expenses across most categories.
On the housing front, median rent in Gilbert is $887/month compared to $880/month in Scranton — a 1% difference. Home values follow the same pattern: Scranton is more affordable at $58,600 median vs $267,200.
Median household income in Gilbert is $112,250 compared to $60,000 in Scranton (+87.1%). While Gilbert is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gilbert spend roughly 9.5% of their income on rent, less than the 17.6% in Scranton.
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