Fayette, IA vs Marquette, IA
Marquette is moderately more affordable than Fayette, with a 10.9% lower cost of living index. Fayette scores 71 compared to 64 for Marquette, where the US average is 100. This difference means residents of Fayette can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Fayette is $963/month compared to $696/month in Marquette — a 38% difference. Interestingly, home values tell a different story: while Marquette has cheaper rent, Fayette actually has lower median home values ($123,300 vs $137,000).
Median household income in Fayette is $39,297 compared to $38,125 in Marquette (+3.1%). Fayette 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 Fayette spend roughly 29.4% of their income on rent, more than the 21.9% in Marquette.
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