Audubon, IA vs Oelwein, IA

Audubon, IA and Oelwein, IA have a very similar cost of living, with only a 1.6% difference in their overall index. Audubon scores 62 while Oelwein scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Audubon is $718/month compared to $762/month in Oelwein — a 6% difference. Home values follow the same pattern: Audubon is more affordable at $92,800 median vs $96,800.

Median household income in Audubon is $41,389 compared to $49,821 in Oelwein (-16.9%). While Oelwein is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Audubon spend roughly 20.8% of their income on rent, more than the 18.4% in Oelwein.