Gilmore City, IA vs Stockport, IA

Gilmore City, IA and Stockport, IA have a very similar cost of living, with only a 3% difference in their overall index. Gilmore City scores 58 while Stockport scores 57 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 Gilmore City is $654/month compared to $633/month in Stockport — a 3% difference. Home values follow the same pattern: Stockport is more affordable at $70,000 median vs $82,700.

Median household income in Gilmore City is $51,250 compared to $55,938 in Stockport (-8.4%). Stockport offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gilmore City spend roughly 15.3% of their income on rent, more than the 13.6% in Stockport.