Beacon, IA vs Oakville, IA

Beacon is moderately more affordable than Oakville, with a 8% lower cost of living index. Beacon scores 60 compared to 65 for Oakville, where the US average is 100. This difference means residents of Oakville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beacon is $729/month compared to $900/month in Oakville — a 19% difference. Home values follow the same pattern: Beacon is more affordable at $76,200 median vs $76,700.

Median household income in Beacon is $56,000 compared to $53,750 in Oakville (+4.2%). Beacon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beacon spend roughly 15.6% of their income on rent, less than the 20.1% in Oakville.