Cost of Living in Cantril, IA

With a cost of living index of 69, Cantril, IA is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and in line with the Iowa state average. Cantril is a small community of 307 residents.

Housing costs are the biggest factor in Cantril's cost of living. The median monthly rent is $1,025 (22% below the US median of $1,319), and the median home value sits at $76,200 (75% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.

The median household income in Cantril is $37,500, which is 50% lower than the national median of $75,149. Residents spend roughly 33% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.