McGregor, IA vs Wapello, IA

McGregor, IA and Wapello, IA have a very similar cost of living, with only a 2.6% difference in their overall index. McGregor scores 62 while Wapello scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in McGregor is $618/month compared to $707/month in Wapello — a 13% difference. Interestingly, home values tell a different story: while McGregor has cheaper rent, Wapello actually has lower median home values ($128,800 vs $141,900).

Median household income in McGregor is $58,750 compared to $71,131 in Wapello (-17.4%). While Wapello is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of McGregor spend roughly 12.6% of their income on rent, more than the 11.9% in Wapello.

Climate-wise, Wapello is notably warmer with an average of 51.9°F compared to 48.1°F in McGregor. Wapello receives more rainfall at 37.9" per year compared to 33.9" in McGregor.