Stanwood, IA vs Wellman, IA

Stanwood, IA and Wellman, IA have a very similar cost of living, with only a 2.4% difference in their overall index. Stanwood scores 69 while Wellman scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Stanwood is $861/month compared to $765/month in Wellman — a 13% difference. Interestingly, home values tell a different story: while Wellman has cheaper rent, Stanwood actually has lower median home values ($137,700 vs $149,000).

Median household income in Stanwood is $58,750 compared to $56,696 in Wellman (+3.6%). While Stanwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Stanwood spend roughly 17.6% of their income on rent, more than the 16.2% in Wellman.

Climate-wise, both cities share similar average temperatures (51°F vs 51°F). Wellman receives more rainfall at 35.7" per year compared to 35.7" in Stanwood.