Gilbertville, IA vs Sumner, IA
There is a significant gap in the cost of living between these two cities. Sumner is 22% cheaper than Gilbertville. With a cost index of 58 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sumner to Gilbertville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Gilbertville is $815/month compared to $598/month in Sumner — a 36% difference. Home values follow the same pattern: Sumner is more affordable at $111,900 median vs $187,500.
Median household income in Gilbertville is $83,750 compared to $56,174 in Sumner (+49.1%). 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 12.8% in Sumner.
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