Moulton, IA vs Urbana, IA
There is a significant gap in the cost of living between these two cities. Moulton is 23.9% cheaper than Urbana. With a cost index of 56 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Moulton to Urbana should plan for substantially higher expenses across most categories.
On the housing front, median rent in Moulton is $654/month compared to $776/month in Urbana — a 16% difference. Home values follow the same pattern: Moulton is more affordable at $51,300 median vs $224,100.
Median household income in Moulton is $56,806 compared to $112,672 in Urbana (-49.6%). While Urbana is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Moulton spend roughly 13.8% of their income on rent, more than the 8.3% in Urbana.
Climate-wise, both cities share similar average temperatures (50.7°F vs 48.3°F). Moulton receives more rainfall at 37" per year compared to 35.9" in Urbana.
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Climate
NOAA 30-year normals (1991-2020)