Chillicothe, IA vs Magnolia, IA

Chillicothe, IA and Magnolia, IA have a very similar cost of living, with only a 3.5% difference in their overall index. Chillicothe scores 79 while Magnolia scores 81 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.

When it comes to buying, median home values in Chillicothe are $82,500 compared to $110,000 in Magnolia, a 25% gap.

Median household income in Chillicothe is $68,750 compared to $72,500 in Magnolia (-5.2%). While Magnolia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.