Belmond, IA vs Victor, IA

Belmond, IA and Victor, IA have a very similar cost of living, with only a 3% difference in their overall index. Belmond scores 66 while Victor scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Belmond is $820/month compared to $742/month in Victor — a 11% difference. Interestingly, home values tell a different story: while Victor has cheaper rent, Belmond actually has lower median home values ($110,800 vs $116,200).

Median household income in Belmond is $58,750 compared to $70,694 in Victor (-16.9%). Victor offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Belmond spend roughly 16.7% of their income on rent, more than the 12.6% in Victor.