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Homestead, IA vs Wahpeton, IA

83
Homestead
Iowa
VS
-24.1%
110
Wahpeton
Iowa

There is a significant gap in the cost of living between these two cities. Homestead is 24.1% cheaper than Wahpeton. With a cost index of 83 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Homestead to Wahpeton should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Homestead are $140,500 compared to $463,300 in Wahpeton, a 70% gap.

Median household income in Homestead is $82,969 compared to $86,667 in Wahpeton (-4.3%). Wahpeton does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Climate-wise, both cities share similar average temperatures (48.3°F vs 46.8°F). Homestead receives more rainfall at 35.9" per year compared to 26.8" in Wahpeton.

Income & Cost

Cost of Living Index
Homestead
83
24% cheaper
Wahpeton
110
Median Household Income
Homestead
$82,969
Wahpeton
$86,667
4% higher

Housing

Median Rent
Homestead
Wahpeton
Median Home Value
Homestead
$140,500
70% cheaper
Wahpeton
$463,300
Population
Homestead
149
Wahpeton
436

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Homestead 48.3°F
Wahpeton 46.8°F
Summer High
Homestead 83°F
Wahpeton 85°F
Winter Low
Homestead 11°F
Wahpeton 8°F
Rainfall
Homestead 35.9"
Wahpeton 26.8"
Rainy Days
Homestead 113d
Wahpeton 97d