Gilman, IA vs Paton, IA

Paton is moderately more affordable than Gilman, with a 11.3% lower cost of living index. Gilman scores 59 compared to 53 for Paton, where the US average is 100. This difference means residents of Gilman can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gilman is $650/month compared to $500/month in Paton — a 30% difference. Home values follow the same pattern: Paton is more affordable at $70,000 median vs $81,900.

Median household income in Gilman is $96,974 compared to $62,292 in Paton (+55.7%). While Gilman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gilman spend roughly 8% of their income on rent, less than the 9.6% in Paton.