Belmond, IA vs Washington, IA

Belmond is moderately more affordable than Washington, with a 8.8% lower cost of living index. Belmond scores 66 compared to 72 for Washington, where the US average is 100. This difference means residents of Washington 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 $927/month in Washington — a 12% difference. Home values follow the same pattern: Belmond is more affordable at $110,800 median vs $144,500.

Median household income in Belmond is $58,750 compared to $56,536 in Washington (+3.9%). Belmond 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, less than the 19.7% in Washington.