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Allison, IA vs Marengo, IA

59
Allison
Iowa
VS
-5.7%
63
Marengo
Iowa

Allison is moderately more affordable than Marengo, with a 5.7% lower cost of living index. Allison scores 59 compared to 63 for Marengo, where the US average is 100. This difference means residents of Marengo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Allison is $619/month compared to $722/month in Marengo — a 14% difference. Home values follow the same pattern: Allison is more affordable at $104,600 median vs $114,100.

Median household income in Allison is $64,306 compared to $58,125 in Marengo (+10.6%). Allison offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Allison spend roughly 11.6% of their income on rent, less than the 14.9% in Marengo.

Income & Cost

Cost of Living Index
Allison
59
6% cheaper
Marengo
63
Median Household Income
Allison
$64,306
10% higher
Marengo
$58,125

Housing

Median Rent
Allison
$619
14% cheaper
Marengo
$722
Median Home Value
Allison
$104,600
8% cheaper
Marengo
$114,100
Population
Allison
1,028
Marengo
2,823

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Allison
Marengo $2.96
US $3.07
🥚
Eggs (grade A, large)
Allison
Marengo $2.42
US $2.50
🥛
Milk (whole)
Allison
Marengo $3.89
US $4.03
🍞
Bread (white)
Allison
Marengo $1.79
US $1.85
🍗
Chicken breast
Allison
Marengo $4.00
US $4.14
Electricity
Allison
Marengo $0.17
US $0.19