Coon Rapids, IA vs Cresco, IA

Coon Rapids, IA and Cresco, IA have a very similar cost of living, with only a 1.5% difference in their overall index. Coon Rapids scores 66 while Cresco scores 65 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 Coon Rapids is $760/month compared to $814/month in Cresco — a 7% difference. Interestingly, home values tell a different story: while Coon Rapids has cheaper rent, Cresco actually has lower median home values ($105,200 vs $129,300).

Median household income in Coon Rapids is $64,338 compared to $60,769 in Cresco (+5.9%). While Coon Rapids is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Coon Rapids spend roughly 14.2% of their income on rent, less than the 16.1% in Cresco.