McGregor, IA vs Parnell, IA

McGregor is moderately more affordable than Parnell, with a 12% lower cost of living index. McGregor scores 62 compared to 71 for Parnell, where the US average is 100. This difference means residents of Parnell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in McGregor is $618/month compared to $950/month in Parnell — a 35% difference. Interestingly, home values tell a different story: while McGregor has cheaper rent, Parnell actually has lower median home values ($118,800 vs $141,900).

Median household income in McGregor is $58,750 compared to $56,667 in Parnell (+3.7%). McGregor offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of McGregor spend roughly 12.6% of their income on rent, less than the 20.1% in Parnell.

Climate-wise, both cities share similar average temperatures (48.1°F vs 51°F). Parnell receives more rainfall at 35.7" per year compared to 33.9" in McGregor.