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Palmer, IA vs Waucoma, IA

75
Palmer
Iowa
VS
+28.9%
58
Waucoma
Iowa

There is a significant gap in the cost of living between these two cities. Waucoma is 28.9% cheaper than Palmer. With a cost index of 58 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waucoma to Palmer should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Palmer are $36,500 compared to $102,100 in Waucoma, a 64% gap.

Median household income in Palmer is $60,625 compared to $71,250 in Waucoma (-14.9%). Waucoma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (46.8°F vs 49°F). Waucoma receives more rainfall at 36.3" per year compared to 26.8" in Palmer.

Income & Cost

Cost of Living Index
Palmer
75
Waucoma
58
22% cheaper
Median Household Income
Palmer
$60,625
Waucoma
$71,250
15% higher

Housing

Median Rent
Palmer
Waucoma
$588
Median Home Value
Palmer
$36,500
64% cheaper
Waucoma
$102,100
Population
Palmer
114
Waucoma
330

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Palmer 46.8°F
Waucoma 49°F
Summer High
Palmer 85°F
Waucoma 85°F
Winter Low
Palmer 8°F
Waucoma 11°F
Rainfall
Palmer 26.8"
Waucoma 36.3"
Rainy Days
Palmer 97d
Waucoma 114d