Eagle Grove, IA vs Montezuma, IA

Eagle Grove, IA and Montezuma, IA have a very similar cost of living, with only a 0.9% difference in their overall index. Eagle Grove scores 70 while Montezuma scores 70 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 Eagle Grove is $991/month compared to $843/month in Montezuma — a 18% difference. Interestingly, home values tell a different story: while Montezuma has cheaper rent, Eagle Grove actually has lower median home values ($95,100 vs $157,800).

Median household income in Eagle Grove is $58,458 compared to $63,375 in Montezuma (-7.8%). While Montezuma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eagle Grove spend roughly 20.3% of their income on rent, more than the 16% in Montezuma.