Shambaugh, IA vs Waucoma, IA
There is a significant gap in the cost of living between these two cities. Waucoma is 19.7% cheaper than Shambaugh. With a cost index of 58 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waucoma to Shambaugh should plan for substantially higher expenses across most categories.
On the housing front, median rent in Shambaugh is $1,063/month compared to $588/month in Waucoma — a 81% difference. Interestingly, home values tell a different story: while Waucoma has cheaper rent, Shambaugh actually has lower median home values ($66,100 vs $102,100).
Median household income in Shambaugh is $75,313 compared to $71,250 in Waucoma (+5.7%). Shambaugh does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Shambaugh spend roughly 16.9% of their income on rent, more than the 9.9% in Waucoma.
Climate-wise, Shambaugh is notably warmer with an average of 53.1°F compared to 49°F in Waucoma. Waucoma receives more rainfall at 36.3" per year compared to 34.7" in Shambaugh.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)