Coon Rapids, IA vs Waukon, IA

Coon Rapids, IA and Waukon, IA have a very similar cost of living, with only a 2.4% difference in their overall index. Coon Rapids scores 66 while Waukon 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 $719/month in Waukon — a 6% difference. Interestingly, home values tell a different story: while Waukon has cheaper rent, Coon Rapids actually has lower median home values ($129,300 vs $133,700).

Median household income in Coon Rapids is $64,338 compared to $56,250 in Waukon (+14.4%). 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 15.3% in Waukon.