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Magnolia, IA vs Thayer, IA

81
Magnolia
Iowa
VS
+10.1%
74
Thayer
Iowa

Thayer is moderately more affordable than Magnolia, with a 10.1% lower cost of living index. Magnolia scores 81 compared to 74 for Thayer, where the US average is 100. This difference means residents of Magnolia can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Magnolia are $110,000 compared to $26,000 in Thayer, a 323% gap.

Median household income in Magnolia is $72,500 compared to $52,500 in Thayer (+38.1%). While Magnolia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (50.1°F vs 51.6°F). Thayer receives more rainfall at 37.4" per year compared to 28.3" in Magnolia.

Income & Cost

Cost of Living Index
Magnolia
81
Thayer
74
9% cheaper
Median Household Income
Magnolia
$72,500
28% higher
Thayer
$52,500

Housing

Median Rent
Magnolia
Thayer
Median Home Value
Magnolia
$110,000
Thayer
$26,000
76% cheaper
Population
Magnolia
148
Thayer
50

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Magnolia $2.96
Thayer
US $3.07
🥚
Eggs (grade A, large)
Magnolia $2.41
Thayer
US $2.50
🥛
Milk (whole)
Magnolia $3.89
Thayer
US $4.03
🍞
Bread (white)
Magnolia $1.79
Thayer
US $1.85
🍗
Chicken breast
Magnolia $4.00
Thayer
US $4.14
Electricity
Magnolia $0.15
Thayer
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Magnolia 50.1°F
Thayer 51.6°F
Summer High
Magnolia 87°F
Thayer 85°F
Winter Low
Magnolia 12°F
Thayer 16°F
Rainfall
Magnolia 28.3"
Thayer 37.4"
Rainy Days
Magnolia 104d
Thayer 109d