Allerton, IA vs Waterville, IA

There is a significant gap in the cost of living between these two cities. Allerton is 29% cheaper than Waterville. With a cost index of 56 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Allerton to Waterville should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Allerton are $85,000 compared to $93,800 in Waterville, a 9% gap.

Median household income in Allerton is $45,417 compared to $48,750 in Waterville (-6.8%). Waterville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.