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Akron, IA vs Lynnville, IA

64
Akron
Iowa
VS
+3.4%
62
Lynnville
Iowa

Akron, IA and Lynnville, IA have a very similar cost of living, with only a 3.4% difference in their overall index. Akron scores 64 while Lynnville scores 62 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 Akron is $700/month compared to $594/month in Lynnville — a 18% difference. Home values follow the same pattern: Lynnville is more affordable at $139,400 median vs $145,300.

Median household income in Akron is $59,706 compared to $61,875 in Lynnville (-3.5%). Lynnville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Akron spend roughly 14.1% of their income on rent, more than the 11.5% in Lynnville.

Income & Cost

Cost of Living Index
Akron
64
Lynnville
62
3% cheaper
Median Household Income
Akron
$59,706
Lynnville
$61,875
4% higher

Housing

Median Rent
Akron
$700
Lynnville
$594
15% cheaper
Median Home Value
Akron
$145,300
Lynnville
$139,400
4% cheaper
Population
Akron
1,660
Lynnville
557

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Akron $2.97
Lynnville $2.96
US $3.07
🥚
Eggs (grade A, large)
Akron $2.42
Lynnville $2.42
US $2.50
🥛
Milk (whole)
Akron $3.89
Lynnville $3.89
US $4.03
🍞
Bread (white)
Akron $1.79
Lynnville $1.79
US $1.85
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Chicken breast
Akron $4.01
Lynnville $4.00
US $4.14
Electricity
Akron $0.16
Lynnville $0.17
US $0.19