Evansdale, IA vs Wellman, IA

Evansdale, IA and Wellman, IA have a very similar cost of living, with only a 4.7% difference in their overall index. Evansdale scores 71 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 Evansdale is $945/month compared to $765/month in Wellman — a 24% difference. Interestingly, home values tell a different story: while Wellman has cheaper rent, Evansdale actually has lower median home values ($138,200 vs $149,000).

Median household income in Evansdale is $57,415 compared to $56,696 in Wellman (+1.3%). Evansdale does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Evansdale spend roughly 19.8% of their income on rent, more than the 16.2% in Wellman.