Eddyville, IA vs Mingo, IA

Mingo is moderately more affordable than Eddyville, with a 6.7% lower cost of living index. Eddyville scores 68 compared to 63 for Mingo, where the US average is 100. This difference means residents of Eddyville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eddyville is $887/month compared to $691/month in Mingo — a 28% difference. Interestingly, home values tell a different story: while Mingo has cheaper rent, Eddyville actually has lower median home values ($107,300 vs $120,300).

Median household income in Eddyville is $61,205 compared to $61,806 in Mingo (-1%). Mingo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Eddyville spend roughly 17.4% of their income on rent, more than the 13.4% in Mingo.