Farragut, IA vs Wayland, IA

Farragut is moderately more affordable than Wayland, with a 8.3% lower cost of living index. Farragut scores 58 compared to 63 for Wayland, where the US average is 100. This difference means residents of Wayland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farragut is $584/month compared to $693/month in Wayland — a 16% difference. Home values follow the same pattern: Farragut is more affordable at $102,900 median vs $122,200.

Median household income in Farragut is $65,938 compared to $67,000 in Wayland (-1.6%). Wayland 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 Farragut spend roughly 10.6% of their income on rent, less than the 12.4% in Wayland.