Palmer, IA vs Williams, IA
There is a significant gap in the cost of living between these two cities. Williams is 27.2% cheaper than Palmer. With a cost index of 59 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Williams 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 $85,300 in Williams, a 57% gap.
Median household income in Palmer is $60,625 compared to $50,750 in Williams (+19.5%). The higher salaries in Palmer partially offset the cost difference, but don't fully close the gap.
Climate-wise, both cities share similar average temperatures (46.8°F vs 48.6°F). Williams receives more rainfall at 35.9" per year compared to 26.8" in Palmer.
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Housing
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Climate
NOAA 30-year normals (1991-2020)