Gilbertville, IA vs Renwick, IA

There is a significant gap in the cost of living between these two cities. Renwick is 19% cheaper than Gilbertville. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Renwick to Gilbertville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gilbertville is $815/month compared to $696/month in Renwick — a 17% difference. Home values follow the same pattern: Renwick is more affordable at $80,800 median vs $187,500.

Median household income in Gilbertville is $83,750 compared to $54,375 in Renwick (+54%). 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 15.4% in Renwick.