Arnolds Park, IA vs Templeton, IA

There is a significant gap in the cost of living between these two cities. Templeton is 29.9% 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 Templeton 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 $693/month in Templeton — a 3% difference. Interestingly, home values tell a different story: while Arnolds Park has cheaper rent, Templeton actually has lower median home values ($159,000 vs $407,600).

Median household income in Arnolds Park is $84,659 compared to $72,813 in Templeton (+16.3%). The higher salaries in Arnolds Park partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Arnolds Park spend roughly 9.5% of their income on rent, less than the 11.4% in Templeton.