Buffalo, IA vs Mingo, IA

Buffalo, IA and Mingo, IA have a very similar cost of living, with only a 4.3% difference in their overall index. Buffalo scores 66 while Mingo 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 Buffalo is $821/month compared to $691/month in Mingo — a 19% difference. Home values follow the same pattern: Mingo is more affordable at $120,300 median vs $120,400.

Median household income in Buffalo is $74,773 compared to $61,806 in Mingo (+21%). While Buffalo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Buffalo spend roughly 13.2% of their income on rent, less than the 13.4% in Mingo.