Sheffield, IA vs Tipton, IA
Sheffield is moderately more affordable than Tipton, with a 8.6% lower cost of living index. Sheffield scores 63 compared to 69 for Tipton, where the US average is 100. This difference means residents of Tipton can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Sheffield is $648/month compared to $823/month in Tipton — a 21% difference. Home values follow the same pattern: Sheffield is more affordable at $138,500 median vs $146,000.
Median household income in Sheffield is $64,297 compared to $67,625 in Tipton (-4.9%). The higher salaries in Tipton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Sheffield spend roughly 12.1% of their income on rent, less than the 14.6% in Tipton.
Climate-wise, Tipton is notably warmer with an average of 51°F compared to 45.6°F in Sheffield. Sheffield receives more rainfall at 36.3" per year compared to 35.7" in Tipton.
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Climate
NOAA 30-year normals (1991-2020)