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Palo, IA vs Williamsburg, IA

86
Palo
Iowa
VS
+24.9%
69
Williamsburg
Iowa

There is a significant gap in the cost of living between these two cities. Williamsburg is 24.9% cheaper than Palo. With a cost index of 69 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Williamsburg to Palo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Palo is $1,063/month compared to $702/month in Williamsburg — a 51% difference. Home values follow the same pattern: Williamsburg is more affordable at $194,000 median vs $274,200.

Median household income in Palo is $103,646 compared to $65,607 in Williamsburg (+58%). While Palo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Palo spend roughly 12.3% of their income on rent, less than the 12.8% in Williamsburg.

Climate-wise, both cities share similar average temperatures (48.3°F vs 48.3°F). Williamsburg receives more rainfall at 35.9" per year compared to 35.9" in Palo.

Income & Cost

Cost of Living Index
Palo
86
Williamsburg
69
20% cheaper
Median Household Income
Palo
$103,646
37% higher
Williamsburg
$65,607

Housing

Median Rent
Palo
$1,063
Williamsburg
$702
34% cheaper
Median Home Value
Palo
$274,200
Williamsburg
$194,000
29% cheaper
Population
Palo
1,173
Williamsburg
3,347

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Palo 48.3°F
Williamsburg 48.3°F
Summer High
Palo 83°F
Williamsburg 83°F
Winter Low
Palo 11°F
Williamsburg 11°F
Rainfall
Palo 35.9"
Williamsburg 35.9"
Rainy Days
Palo 113d
Williamsburg 113d