Wallace, ID vs Wendell, ID
Wallace, ID and Wendell, ID have a very similar cost of living, with only a 1.1% difference in their overall index. Wallace scores 73 while Wendell scores 73 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 Wallace is $731/month compared to $783/month in Wendell — a 7% difference. Interestingly, home values tell a different story: while Wallace has cheaper rent, Wendell actually has lower median home values ($209,600 vs $219,200).
Median household income in Wallace is $50,526 compared to $54,850 in Wendell (-7.9%). While Wendell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Wallace spend roughly 17.4% of their income on rent, more than the 17.1% in Wendell.
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