Fredericksburg, IA vs Terril, IA

Fredericksburg is moderately more affordable than Terril, with a 5.7% lower cost of living index. Fredericksburg scores 67 compared to 71 for Terril, where the US average is 100. This difference means residents of Terril can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fredericksburg is $750/month compared to $1,036/month in Terril — a 28% difference. Interestingly, home values tell a different story: while Fredericksburg has cheaper rent, Terril actually has lower median home values ($95,400 vs $164,100).

Median household income in Fredericksburg is $65,809 compared to $42,917 in Terril (+53.3%). Fredericksburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fredericksburg spend roughly 13.7% of their income on rent, less than the 29% in Terril.