Livermore, IA vs Malvern, IA
Livermore, IA and Malvern, IA have a very similar cost of living, with only a 3.4% difference in their overall index. Livermore scores 70 while Malvern scores 72 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 Livermore is $1,066/month compared to $843/month in Malvern — a 27% difference. Interestingly, home values tell a different story: while Malvern has cheaper rent, Livermore actually has lower median home values ($67,700 vs $173,900).
Median household income in Livermore is $62,273 compared to $82,027 in Malvern (-24.1%). While Malvern is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Livermore spend roughly 20.5% of their income on rent, more than the 12.3% in Malvern.
Climate-wise, Malvern is notably warmer with an average of 52.4°F compared to 44.6°F in Livermore. Malvern receives more rainfall at 31.9" per year compared to 29.3" in Livermore.
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