Fredericksburg, IA vs Solon, IA

There is a significant gap in the cost of living between these two cities. Fredericksburg is 27.6% cheaper than Solon. With a cost index of 67 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fredericksburg to Solon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fredericksburg is $750/month compared to $1,166/month in Solon — a 36% difference. Home values follow the same pattern: Fredericksburg is more affordable at $164,100 median vs $305,300.

Median household income in Fredericksburg is $65,809 compared to $111,597 in Solon (-41%). While Solon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fredericksburg spend roughly 13.7% of their income on rent, more than the 12.5% in Solon.