Gilbertville, IA vs Lamoni, IA

There is a significant gap in the cost of living between these two cities. Lamoni is 15.9% cheaper than Gilbertville. With a cost index of 61 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lamoni to Gilbertville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gilbertville is $815/month compared to $676/month in Lamoni — a 21% difference. Home values follow the same pattern: Lamoni is more affordable at $107,900 median vs $187,500.

Median household income in Gilbertville is $83,750 compared to $52,300 in Lamoni (+60.1%). While Gilbertville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gilbertville spend roughly 11.7% of their income on rent, less than the 15.5% in Lamoni.