Algona, IA vs Indianola, IA

Algona is moderately more affordable than Indianola, with a 11.1% lower cost of living index. Algona scores 72 compared to 80 for Indianola, where the US average is 100. This difference means residents of Indianola can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Algona is $887/month compared to $966/month in Indianola — a 8% difference. Home values follow the same pattern: Algona is more affordable at $156,200 median vs $228,100.

Median household income in Algona is $52,542 compared to $78,125 in Indianola (-32.7%). While Indianola is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Algona spend roughly 20.3% of their income on rent, more than the 14.8% in Indianola.