Agency, IA vs Lenox, IA

Agency, IA and Lenox, IA have a very similar cost of living, with only a 4.7% difference in their overall index. Agency scores 61 while Lenox scores 64 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 Agency is $573/month compared to $759/month in Lenox — a 25% difference. Interestingly, home values tell a different story: while Agency has cheaper rent, Lenox actually has lower median home values ($106,000 vs $138,800).

Median household income in Agency is $59,028 compared to $59,750 in Lenox (-1.2%). Lenox does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Agency spend roughly 11.6% of their income on rent, less than the 15.2% in Lenox.