Cresco, IA vs Walnut, IA

Cresco, IA and Walnut, IA have a very similar cost of living, with only a 1.3% difference in their overall index. Cresco scores 65 while Walnut scores 66 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 Cresco is $814/month compared to $844/month in Walnut — a 4% difference. Interestingly, home values tell a different story: while Cresco has cheaper rent, Walnut actually has lower median home values ($97,900 vs $105,200).

Median household income in Cresco is $60,769 compared to $65,278 in Walnut (-6.9%). While Walnut is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cresco spend roughly 16.1% of their income on rent, more than the 15.5% in Walnut.