Iowa Falls, IA vs Parkersburg, IA

Iowa Falls, IA and Parkersburg, IA have a very similar cost of living, with only a 0.7% difference in their overall index. Iowa Falls scores 68 while Parkersburg scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Iowa Falls is $898/month compared to $695/month in Parkersburg — a 29% difference. Interestingly, home values tell a different story: while Parkersburg has cheaper rent, Iowa Falls actually has lower median home values ($106,300 vs $200,000).

Median household income in Iowa Falls is $53,051 compared to $73,482 in Parkersburg (-27.8%). While Parkersburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Iowa Falls spend roughly 20.3% of their income on rent, more than the 11.3% in Parkersburg.

Climate-wise, both cities share similar average temperatures (47.7°F vs 49°F). Parkersburg receives more rainfall at 36.3" per year compared to 32.8" in Iowa Falls.