Evansdale, IA vs Monona, IA

Evansdale, IA and Monona, IA have a very similar cost of living, with only a 2.3% difference in their overall index. Evansdale scores 71 while Monona scores 72 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 Evansdale is $945/month compared to $1,000/month in Monona — a 6% difference. Interestingly, home values tell a different story: while Evansdale has cheaper rent, Monona actually has lower median home values ($125,900 vs $138,200).

Median household income in Evansdale is $57,415 compared to $70,509 in Monona (-18.6%). While Monona is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Evansdale spend roughly 19.8% of their income on rent, more than the 17% in Monona.