Madrid, IA vs Perry, IA

Perry is moderately more affordable than Madrid, with a 13.7% lower cost of living index. Madrid scores 79 compared to 69 for Perry, where the US average is 100. This difference means residents of Madrid can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madrid is $1,034/month compared to $877/month in Perry — a 18% difference. Home values follow the same pattern: Perry is more affordable at $122,100 median vs $185,100.

Median household income in Madrid is $86,915 compared to $63,983 in Perry (+35.8%). 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 16.4% in Perry.

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