Montezuma, IA vs Williamsburg, IA
Montezuma, IA and Williamsburg, IA have a very similar cost of living, with only a 1.9% difference in their overall index. Montezuma scores 70 while Williamsburg scores 69 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 Montezuma is $843/month compared to $702/month in Williamsburg — a 20% difference. Interestingly, home values tell a different story: while Williamsburg has cheaper rent, Montezuma actually has lower median home values ($157,800 vs $194,000).
Median household income in Montezuma is $63,375 compared to $65,607 in Williamsburg (-3.4%). Williamsburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Montezuma spend roughly 16% of their income on rent, more than the 12.8% in Williamsburg.
Climate-wise, both cities share similar average temperatures (50.7°F vs 48.3°F). Montezuma receives more rainfall at 37" per year compared to 35.9" in Williamsburg.
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Climate
NOAA 30-year normals (1991-2020)