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Butternut, WI vs Iola, WI

58
Butternut
Wisconsin
VS
-14.2%
68
Iola
Wisconsin

Butternut is moderately more affordable than Iola, with a 14.2% lower cost of living index. Butternut scores 58 compared to 68 for Iola, where the US average is 100. This difference means residents of Iola can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Butternut is $623/month compared to $734/month in Iola — a 15% difference. Home values follow the same pattern: Butternut is more affordable at $74,300 median vs $150,200.

Median household income in Butternut is $43,750 compared to $49,688 in Iola (-12%). The higher salaries in Iola partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Butternut spend roughly 17.1% of their income on rent, less than the 17.7% in Iola.

Income & Cost

Cost of Living Index
Butternut
58
14% cheaper
Iola
68
Median Household Income
Butternut
$43,750
Iola
$49,688
12% higher

Housing

Median Rent
Butternut
$623
15% cheaper
Iola
$734
Median Home Value
Butternut
$74,300
51% cheaper
Iola
$150,200
Population
Butternut
421
Iola
1,230

Salary Equivalency Calculator

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