Edgewood, IA vs Mallard, IA

Mallard is moderately more affordable than Edgewood, with a 10.5% lower cost of living index. Edgewood scores 75 compared to 68 for Mallard, where the US average is 100. This difference means residents of Edgewood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edgewood is $975/month compared to $1,042/month in Mallard — a 6% difference. Interestingly, home values tell a different story: while Edgewood has cheaper rent, Mallard actually has lower median home values ($55,400 vs $167,000).

Median household income in Edgewood is $56,875 compared to $44,625 in Mallard (+27.5%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgewood spend roughly 20.6% of their income on rent, less than the 28% in Mallard.