Belmond, IA vs Wheatland, IA

Belmond, IA and Wheatland, IA have a very similar cost of living, with only a 0.3% difference in their overall index. Belmond scores 66 while Wheatland scores 66 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 $803/month in Wheatland — a 2% difference. Interestingly, home values tell a different story: while Wheatland has cheaper rent, Belmond actually has lower median home values ($110,800 vs $119,200).

Median household income in Belmond is $58,750 compared to $36,071 in Wheatland (+62.9%). 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 26.7% in Wheatland.