Iola, IL vs Rio, IL
There is a significant gap in the cost of living between these two cities. Rio is 25.8% cheaper than Iola. With a cost index of 63 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rio to Iola should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Iola are $71,700 compared to $104,700 in Rio, a 32% gap.
Median household income in Iola is $45,000 compared to $62,917 in Rio (-28.5%). Rio offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, both cities share similar average temperatures (53.4°F vs 51.2°F). Rio receives more rainfall at 38.3" per year compared to 36" in Iola.
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Climate
NOAA 30-year normals (1991-2020)