Jewell Junction, IA vs Milford, IA

Jewell Junction is moderately more affordable than Milford, with a 6.9% lower cost of living index. Jewell Junction scores 69 compared to 74 for Milford, where the US average is 100. This difference means residents of Milford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Jewell Junction is $863/month compared to $806/month in Milford — a 7% difference. Interestingly, home values tell a different story: while Milford has cheaper rent, Jewell Junction actually has lower median home values ($128,300 vs $211,000).

Median household income in Jewell Junction is $75,313 compared to $60,571 in Milford (+24.3%). Jewell Junction offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Jewell Junction spend roughly 13.8% of their income on rent, less than the 16% in Milford.

Climate-wise, both cities share similar average temperatures (48.6°F vs 46.8°F). Jewell Junction receives more rainfall at 35.9" per year compared to 26.8" in Milford.