Madrid, IA vs Mapleton, IA
There is a significant gap in the cost of living between these two cities. Mapleton is 22.6% cheaper than Madrid. With a cost index of 64 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mapleton to Madrid should plan for substantially higher expenses across most categories.
On the housing front, median rent in Madrid is $1,034/month compared to $780/month in Mapleton — a 33% difference. Home values follow the same pattern: Mapleton is more affordable at $116,400 median vs $185,100.
Median household income in Madrid is $86,915 compared to $52,955 in Mapleton (+64.1%). While Madrid is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madrid spend roughly 14.3% of their income on rent, less than the 17.7% in Mapleton.
Climate-wise, both cities share similar average temperatures (48.6°F vs 48.4°F). Madrid receives more rainfall at 35.9" per year compared to 29.3" in Mapleton.
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Climate
NOAA 30-year normals (1991-2020)