Knoxville, IA vs Missouri Valley, IA
Knoxville, IA and Missouri Valley, IA have a very similar cost of living, with only a 1.7% difference in their overall index. Knoxville scores 68 while Missouri Valley scores 67 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 Knoxville is $810/month compared to $812/month in Missouri Valley — a 0% difference. Interestingly, home values tell a different story: while Knoxville has cheaper rent, Missouri Valley actually has lower median home values ($126,500 vs $147,600).
Median household income in Knoxville is $70,136 compared to $64,844 in Missouri Valley (+8.2%). While Knoxville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Knoxville spend roughly 13.9% of their income on rent, less than the 15% in Missouri Valley.
Climate-wise, both cities share similar average temperatures (49.5°F vs 52.4°F). Knoxville receives more rainfall at 36.6" per year compared to 31.9" in Missouri Valley.
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