Colwell, IA vs Decatur, IA

Colwell, IA and Decatur, IA have a very similar cost of living, with only a 2% difference in their overall index. Colwell scores 80 while Decatur scores 79 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 Colwell are $103,100 compared to $84,200 in Decatur, a 22% gap.

Median household income in Colwell is $46,250 compared to $33,750 in Decatur (+37%). While Colwell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.