Waukon, IA vs Waverly, IA
There is a significant gap in the cost of living between these two cities. Waukon is 15% cheaper than Waverly. With a cost index of 65 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waukon to Waverly should plan for substantially higher expenses across most categories.
On the housing front, median rent in Waukon is $719/month compared to $909/month in Waverly — a 21% difference. Home values follow the same pattern: Waukon is more affordable at $133,700 median vs $215,200.
Median household income in Waukon is $56,250 compared to $78,429 in Waverly (-28.3%). While Waverly is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Waukon spend roughly 15.3% of their income on rent, more than the 13.9% in Waverly.
Climate-wise, both cities share similar average temperatures (48.1°F vs 49°F). Waverly receives more rainfall at 36.3" per year compared to 33.9" in Waukon.
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