Macedonia, IA vs Russell, IA

Macedonia, IA and Russell, IA have a very similar cost of living, with only a 4.7% difference in their overall index. Macedonia scores 63 while Russell scores 60 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 Macedonia is $675/month compared to $775/month in Russell — a 13% difference. Interestingly, home values tell a different story: while Macedonia has cheaper rent, Russell actually has lower median home values ($60,400 vs $125,000).

Median household income in Macedonia is $59,643 compared to $50,750 in Russell (+17.5%). While Macedonia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Macedonia spend roughly 13.6% of their income on rent, less than the 18.3% in Russell.

Climate-wise, both cities share similar average temperatures (52.4°F vs 49.5°F). Russell receives more rainfall at 36.6" per year compared to 31.9" in Macedonia.