Graf, IA vs Palmer, IA
There is a significant gap in the cost of living between these two cities. Palmer is 18.4% cheaper than Graf. With a cost index of 75 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palmer to Graf should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Graf are $212,500 compared to $36,500 in Palmer, a 482% gap.
Median household income in Graf is $57,083 compared to $60,625 in Palmer (-5.8%). Palmer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
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