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Palmer, IA vs Yale, IA

75
Palmer
Iowa
VS
+11.5%
67
Yale
Iowa

Yale is moderately more affordable than Palmer, with a 11.5% lower cost of living index. Palmer scores 75 compared to 67 for Yale, where the US average is 100. This difference means residents of Palmer can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Palmer are $36,500 compared to $74,700 in Yale, a 51% gap.

Median household income in Palmer is $60,625 compared to $80,938 in Yale (-25.1%). Yale offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Yale is notably warmer with an average of 50.9°F compared to 46.8°F in Palmer. Yale receives more rainfall at 36.6" per year compared to 26.8" in Palmer.

Income & Cost

Cost of Living Index
Palmer
75
Yale
67
10% cheaper
Median Household Income
Palmer
$60,625
Yale
$80,938
25% higher

Housing

Median Rent
Palmer
Yale
$940
Median Home Value
Palmer
$36,500
51% cheaper
Yale
$74,700
Population
Palmer
114
Yale
337

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Palmer
Yale $2.96
US $3.07
🥚
Eggs (grade A, large)
Palmer
Yale $2.42
US $2.50
🥛
Milk (whole)
Palmer
Yale $3.89
US $4.03
🍞
Bread (white)
Palmer
Yale $1.79
US $1.85
🍗
Chicken breast
Palmer
Yale $4.00
US $4.14
Electricity
Palmer
Yale $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Palmer 46.8°F
Yale 50.9°F
Summer High
Palmer 85°F
Yale 86°F
Winter Low
Palmer 8°F
Yale 14°F
Rainfall
Palmer 26.8"
Yale 36.6"
Rainy Days
Palmer 97d
Yale 113d