Melvin, IA vs Wheatland, IA
There is a significant gap in the cost of living between these two cities. Melvin is 17.7% cheaper than Wheatland. With a cost index of 54 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Melvin to Wheatland should plan for substantially higher expenses across most categories.
On the housing front, median rent in Melvin is $600/month compared to $803/month in Wheatland — a 25% difference. Home values follow the same pattern: Melvin is more affordable at $51,500 median vs $119,200.
Median household income in Melvin is $65,795 compared to $36,071 in Wheatland (+82.4%). Melvin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Melvin spend roughly 10.9% of their income on rent, less than the 26.7% in Wheatland.
Climate-wise, Wheatland is notably warmer with an average of 49.9°F compared to 46.8°F in Melvin. Wheatland receives more rainfall at 36.2" per year compared to 26.8" in Melvin.
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Housing
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Climate
NOAA 30-year normals (1991-2020)