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Maloy, IA vs Palmer, IA

97
Maloy
Iowa
VS
+29.4%
75
Palmer
Iowa

There is a significant gap in the cost of living between these two cities. Palmer is 29.4% cheaper than Maloy. With a cost index of 75 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palmer to Maloy should plan for substantially higher expenses across most categories.

Median household income in Maloy is $93,125 compared to $60,625 in Palmer (+53.6%). While Maloy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Maloy is notably warmer with an average of 51.6°F compared to 46.8°F in Palmer. Maloy receives more rainfall at 37.4" per year compared to 26.8" in Palmer.

Income & Cost

Cost of Living Index
Maloy
97
Palmer
75
23% cheaper
Median Household Income
Maloy
$93,125
35% higher
Palmer
$60,625

Housing

Median Rent
Maloy
Palmer
Median Home Value
Maloy
Palmer
$36,500
Population
Maloy
40
Palmer
114

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Maloy 51.6°F
Palmer 46.8°F
Summer High
Maloy 85°F
Palmer 85°F
Winter Low
Maloy 16°F
Palmer 8°F
Rainfall
Maloy 37.4"
Palmer 26.8"
Rainy Days
Maloy 109d
Palmer 97d