Livermore, IA vs Vincent, IA
There is a significant gap in the cost of living between these two cities. Vincent is 19.3% cheaper than Livermore. With a cost index of 58 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Vincent to Livermore should plan for substantially higher expenses across most categories.
On the housing front, median rent in Livermore is $1,066/month compared to $625/month in Vincent — a 71% difference. Interestingly, home values tell a different story: while Vincent has cheaper rent, Livermore actually has lower median home values ($67,700 vs $93,300).
Median household income in Livermore is $62,273 compared to $83,125 in Vincent (-25.1%). Vincent offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Livermore spend roughly 20.5% of their income on rent, more than the 9% in Vincent.
Climate-wise, Vincent is notably warmer with an average of 48.6°F compared to 44.6°F in Livermore. Vincent receives more rainfall at 35.9" per year compared to 29.3" in Livermore.
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Climate
NOAA 30-year normals (1991-2020)