Albion, IA vs Wadena, IA

Wadena is moderately more affordable than Albion, with a 13.8% lower cost of living index. Albion scores 65 compared to 57 for Wadena, where the US average is 100. This difference means residents of Albion can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albion is $810/month compared to $594/month in Wadena — a 36% difference. Home values follow the same pattern: Wadena is more affordable at $89,300 median vs $105,400.

Median household income in Albion is $73,750 compared to $48,438 in Wadena (+52.3%). While Albion is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albion spend roughly 13.2% of their income on rent, less than the 14.7% in Wadena.