Ellsworth, IA vs Wellman, IA

Ellsworth, IA and Wellman, IA have a very similar cost of living, with only a 4% difference in their overall index. Ellsworth scores 70 while Wellman scores 68 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 Ellsworth is $931/month compared to $765/month in Wellman — a 22% difference. Interestingly, home values tell a different story: while Wellman has cheaper rent, Ellsworth actually has lower median home values ($125,000 vs $149,000).

Median household income in Ellsworth is $73,021 compared to $56,696 in Wellman (+28.8%). While Ellsworth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ellsworth spend roughly 15.3% of their income on rent, less than the 16.2% in Wellman.