Goldfield, IA vs Leland, IA

Goldfield is moderately more affordable than Leland, with a 14.2% lower cost of living index. Goldfield scores 55 compared to 64 for Leland, where the US average is 100. This difference means residents of Leland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Goldfield is $535/month compared to $860/month in Leland — a 38% difference. Interestingly, home values tell a different story: while Goldfield has cheaper rent, Leland actually has lower median home values ($79,200 vs $87,800).

Median household income in Goldfield is $54,500 compared to $52,500 in Leland (+3.8%). 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 19.7% in Leland.