Belmond, IA vs Nevada, IA

Belmond is moderately more affordable than Nevada, with a 10.4% lower cost of living index. Belmond scores 66 compared to 73 for Nevada, where the US average is 100. This difference means residents of Nevada can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Belmond is $820/month compared to $884/month in Nevada — a 7% difference. Home values follow the same pattern: Belmond is more affordable at $110,800 median vs $177,800.

Median household income in Belmond is $58,750 compared to $75,221 in Nevada (-21.9%). While Nevada is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belmond spend roughly 16.7% of their income on rent, more than the 14.1% in Nevada.