Grafton, IA vs Wiota, IA
There is a significant gap in the cost of living between these two cities. Grafton is 26.7% cheaper than Wiota. With a cost index of 59 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grafton to Wiota should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Grafton are $94,600 compared to $112,500 in Wiota, a 16% gap.
Median household income in Grafton is $52,188 compared to $76,042 in Wiota (-31.4%). While Wiota is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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