Cost of Living in Wilton, IA

With a cost of living index of 70, Wilton, IA is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and in line with the Iowa state average. Wilton is a small community of 2,943 residents.

Housing costs are the biggest factor in Wilton's cost of living. The median monthly rent is $829 (37% below the US median of $1,319), and the median home value sits at $162,000 (47% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.

The median household income in Wilton is $71,898, which is 4% lower than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Wilton. The area sees an average annual temperature of 49.9°F, with summers averaging 72°F and winters around 25°F. Annual rainfall totals 36.2 inches spread over roughly 124 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.