Goldfield, IA vs Mount Ayr, IA

Goldfield is moderately more affordable than Mount Ayr, with a 14.6% lower cost of living index. Goldfield scores 55 compared to 65 for Mount Ayr, where the US average is 100. This difference means residents of Mount Ayr 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 $694/month in Mount Ayr — a 23% difference. Home values follow the same pattern: Goldfield is more affordable at $87,800 median vs $144,500.

Median household income in Goldfield is $54,500 compared to $68,676 in Mount Ayr (-20.6%). While Mount Ayr is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goldfield spend roughly 11.8% of their income on rent, less than the 12.1% in Mount Ayr.