Griswold, IA vs Madrid, IA

Griswold is moderately more affordable than Madrid, with a 13.3% lower cost of living index. Griswold scores 68 compared to 79 for Madrid, where the US average is 100. This difference means residents of Madrid can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Griswold is $937/month compared to $1,034/month in Madrid — a 9% difference. Home values follow the same pattern: Griswold is more affordable at $89,400 median vs $185,100.

Median household income in Griswold is $61,167 compared to $86,915 in Madrid (-29.6%). While Madrid is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Griswold spend roughly 18.4% of their income on rent, more than the 14.3% in Madrid.

Climate-wise, Griswold is notably warmer with an average of 52.4°F compared to 48.6°F in Madrid. Madrid receives more rainfall at 35.9" per year compared to 31.9" in Griswold.