Centerville, IA vs Wapello, IA

Centerville, IA and Wapello, IA have a very similar cost of living, with only a 1.4% difference in their overall index. Centerville scores 63 while Wapello scores 64 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 Centerville is $758/month compared to $707/month in Wapello — a 7% difference. Interestingly, home values tell a different story: while Wapello has cheaper rent, Centerville actually has lower median home values ($99,000 vs $128,800).

Median household income in Centerville is $41,472 compared to $71,131 in Wapello (-41.7%). While Wapello is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Centerville spend roughly 21.9% of their income on rent, more than the 11.9% in Wapello.