Belmond, IA vs Odebolt, IA

There is a significant gap in the cost of living between these two cities. Odebolt is 19.6% cheaper than Belmond. With a cost index of 55 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Odebolt to Belmond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Belmond is $820/month compared to $499/month in Odebolt — a 64% difference. Home values follow the same pattern: Odebolt is more affordable at $98,100 median vs $110,800.

Median household income in Belmond is $58,750 compared to $54,914 in Odebolt (+7%). Belmond does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Belmond spend roughly 16.7% of their income on rent, more than the 10.9% in Odebolt.