Montezuma, IA vs Thompson, IA

There is a significant gap in the cost of living between these two cities. Thompson is 15.1% cheaper than Montezuma. With a cost index of 61 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Thompson to Montezuma should plan for substantially higher expenses across most categories.

On the housing front, median rent in Montezuma is $843/month compared to $696/month in Thompson — a 21% difference. Home values follow the same pattern: Thompson is more affordable at $99,600 median vs $157,800.

Median household income in Montezuma is $63,375 compared to $49,375 in Thompson (+28.4%). While Montezuma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montezuma spend roughly 16% of their income on rent, less than the 16.9% in Thompson.

Climate-wise, Montezuma is notably warmer with an average of 50.7°F compared to 45.6°F in Thompson. Montezuma receives more rainfall at 37" per year compared to 36.3" in Thompson.