Magnolia, IA vs Thayer, IA
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.
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Climate
NOAA 30-year normals (1991-2020)