Gilbert, IA vs Waukon, IA
There is a significant gap in the cost of living between these two cities. Waukon is 25.1% cheaper than Gilbert. With a cost index of 65 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waukon to Gilbert should plan for substantially higher expenses across most categories.
On the housing front, median rent in Gilbert is $887/month compared to $719/month in Waukon — a 23% difference. Home values follow the same pattern: Waukon is more affordable at $133,700 median vs $267,200.
Median household income in Gilbert is $112,250 compared to $56,250 in Waukon (+99.6%). While Gilbert is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gilbert spend roughly 9.5% of their income on rent, less than the 15.3% in Waukon.
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