Gilman, IA vs Greenfield, IA

Gilman, IA and Greenfield, IA have a very similar cost of living, with only a 1% difference in their overall index. Gilman scores 59 while Greenfield scores 60 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gilman is $650/month compared to $600/month in Greenfield — a 8% difference. Interestingly, home values tell a different story: while Greenfield has cheaper rent, Gilman actually has lower median home values ($81,900 vs $115,700).

Median household income in Gilman is $96,974 compared to $53,152 in Greenfield (+82.4%). Gilman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gilman spend roughly 8% of their income on rent, less than the 13.5% in Greenfield.