Gray, IA vs Wadena, IA

The cost of living difference between Gray, IA and Wadena, IA is dramatic. Wadena is 34.2% cheaper than Gray, a gap that translates to thousands of dollars per year in household expenses. Gray has a cost index of 77 while Wadena sits at 57, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Gray are $51,700 compared to $89,300 in Wadena, a 42% gap.

Median household income in Gray is $57,125 compared to $48,438 in Wadena (+17.9%). The higher salaries in Gray partially offset the cost difference, but don't fully close the gap.