Goldfield, IA vs Guttenberg, IA

There is a significant gap in the cost of living between these two cities. Goldfield is 21.6% cheaper than Guttenberg. With a cost index of 55 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Goldfield to Guttenberg should plan for substantially higher expenses across most categories.

On the housing front, median rent in Goldfield is $535/month compared to $799/month in Guttenberg — a 33% difference. Home values follow the same pattern: Goldfield is more affordable at $87,800 median vs $183,800.

Median household income in Goldfield is $54,500 compared to $49,613 in Guttenberg (+9.9%). Goldfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Goldfield spend roughly 11.8% of their income on rent, less than the 19.3% in Guttenberg.