Eddyville, IA vs Peterson, IA

Eddyville, IA and Peterson, IA have a very similar cost of living, with only a 4.3% difference in their overall index. Eddyville scores 68 while Peterson 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 Eddyville is $887/month compared to $850/month in Peterson — a 4% difference. Home values follow the same pattern: Peterson is more affordable at $86,700 median vs $107,300.

Median household income in Eddyville is $61,205 compared to $76,875 in Peterson (-20.4%). Peterson 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 13.3% in Peterson.