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Milo, IA vs Rickardsville, IA

70
Milo
Iowa
VS
-22.7%
91
Rickardsville
Iowa

There is a significant gap in the cost of living between these two cities. Milo is 22.7% cheaper than Rickardsville. With a cost index of 70 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milo to Rickardsville should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Milo are $145,400 compared to $244,100 in Rickardsville, a 40% gap.

Median household income in Milo is $76,250 compared to $96,111 in Rickardsville (-20.7%). The higher salaries in Rickardsville partially offset the cost difference, but don't fully close the gap.

Climate-wise, both cities share similar average temperatures (49.5°F vs 47.2°F). Rickardsville receives more rainfall at 38.2" per year compared to 36.6" in Milo.

Income & Cost

Cost of Living Index
Milo
70
23% cheaper
Rickardsville
91
Median Household Income
Milo
$76,250
Rickardsville
$96,111
21% higher

Housing

Median Rent
Milo
$860
Rickardsville
Median Home Value
Milo
$145,400
40% cheaper
Rickardsville
$244,100
Population
Milo
773
Rickardsville
264

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Milo $2.96
Rickardsville $2.96
US $3.07
🥚
Eggs (grade A, large)
Milo $2.42
Rickardsville $2.42
US $2.50
🥛
Milk (whole)
Milo $3.89
Rickardsville $3.89
US $4.03
🍞
Bread (white)
Milo $1.79
Rickardsville $1.79
US $1.85
🍗
Chicken breast
Milo $4.00
Rickardsville $4.00
US $4.14
Electricity
Milo $0.17
Rickardsville $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Milo 49.5°F
Rickardsville 47.2°F
Summer High
Milo 84°F
Rickardsville 82°F
Winter Low
Milo 13°F
Rickardsville 11°F
Rainfall
Milo 36.6"
Rickardsville 38.2"
Rainy Days
Milo 115d
Rickardsville 118d