Wellman, IA vs Wyoming, IA

Wellman, IA and Wyoming, IA have a very similar cost of living, with only a 4.5% difference in their overall index. Wellman scores 68 while Wyoming scores 65 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 Wellman is $765/month compared to $812/month in Wyoming — a 6% difference. Interestingly, home values tell a different story: while Wellman has cheaper rent, Wyoming actually has lower median home values ($104,300 vs $149,000).

Median household income in Wellman is $56,696 compared to $67,125 in Wyoming (-15.5%). Wyoming offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Wellman spend roughly 16.2% of their income on rent, more than the 14.5% in Wyoming.

Climate-wise, Wellman is notably warmer with an average of 51°F compared to 47.2°F in Wyoming. Wyoming receives more rainfall at 38.2" per year compared to 35.7" in Wellman.