Iola, PA vs Parryville, PA

Iola is moderately more affordable than Parryville, with a 12.3% lower cost of living index. Iola scores 73 compared to 83 for Parryville, where the US average is 100. This difference means residents of Parryville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Iola is $624/month compared to $1,106/month in Parryville — a 44% difference. Interestingly, home values tell a different story: while Iola has cheaper rent, Parryville actually has lower median home values ($184,000 vs $262,500).

Median household income in Iola is $13,750 compared to $62,917 in Parryville (-78.1%). While Parryville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Iola spend roughly 54.5% of their income on rent, more than the 21.1% in Parryville. The Parryville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.