Allison, IA vs Tama, IA

Allison is moderately more affordable than Tama, with a 5.6% lower cost of living index. Allison scores 59 compared to 63 for Tama, where the US average is 100. This difference means residents of Tama 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 $744/month in Tama — a 17% difference. Interestingly, home values tell a different story: while Allison has cheaper rent, Tama actually has lower median home values ($101,200 vs $104,600).

Median household income in Allison is $64,306 compared to $61,944 in Tama (+3.8%). 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 14.4% in Tama.