Carroll, IA vs Waukon, IA

Waukon is moderately more affordable than Carroll, with a 6.4% lower cost of living index. Carroll scores 69 compared to 65 for Waukon, where the US average is 100. This difference means residents of Carroll can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carroll is $718/month compared to $719/month in Waukon — a 0% difference. Interestingly, home values tell a different story: while Carroll has cheaper rent, Waukon actually has lower median home values ($133,700 vs $184,100).

Median household income in Carroll is $59,323 compared to $56,250 in Waukon (+5.5%). The higher salaries in Carroll partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Carroll spend roughly 14.5% of their income on rent, less than the 15.3% in Waukon.