Arnolds Park, IA vs Floyd, IA

There is a significant gap in the cost of living between these two cities. Floyd is 29% cheaper than Arnolds Park. With a cost index of 66 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Floyd to Arnolds Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Arnolds Park is $671/month compared to $850/month in Floyd — a 21% difference. Interestingly, home values tell a different story: while Arnolds Park has cheaper rent, Floyd actually has lower median home values ($106,700 vs $407,600).

Median household income in Arnolds Park is $84,659 compared to $61,000 in Floyd (+38.8%). While Arnolds Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Arnolds Park spend roughly 9.5% of their income on rent, less than the 16.7% in Floyd.