Argos, IN vs Lake of the Woods, IN

Argos is moderately more affordable than Lake of the Woods, with a 9.6% lower cost of living index. Argos scores 72 compared to 79 for Lake of the Woods, where the US average is 100. This difference means residents of Lake of the Woods can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Argos is $937/month compared to $1,020/month in Lake of the Woods — a 8% difference. Home values follow the same pattern: Argos is more affordable at $128,100 median vs $189,600.

Median household income in Argos is $60,214 compared to $64,375 in Lake of the Woods (-6.5%). The higher salaries in Lake of the Woods partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Argos spend roughly 18.7% of their income on rent, less than the 19% in Lake of the Woods.