Libertyville, IA vs Winthrop, IA
Libertyville, IA and Winthrop, IA have a very similar cost of living, with only a 0.3% difference in their overall index. Libertyville scores 75 while Winthrop scores 74 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 Libertyville is $930/month compared to $1,000/month in Winthrop — a 7% difference. Interestingly, home values tell a different story: while Libertyville has cheaper rent, Winthrop actually has lower median home values ($149,200 vs $177,700).
Median household income in Libertyville is $74,107 compared to $64,904 in Winthrop (+14.2%). While Libertyville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Libertyville spend roughly 15.1% of their income on rent, less than the 18.5% in Winthrop.
Climate-wise, both cities share similar average temperatures (50.7°F vs 49°F). Libertyville receives more rainfall at 37" per year compared to 36.3" in Winthrop.
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Climate
NOAA 30-year normals (1991-2020)