Buffalo, IA vs Letts, IA

Buffalo, IA and Letts, IA have a very similar cost of living, with only a 4.2% difference in their overall index. Buffalo scores 66 while Letts scores 69 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 Buffalo is $821/month compared to $942/month in Letts — a 13% difference. Interestingly, home values tell a different story: while Buffalo has cheaper rent, Letts actually has lower median home values ($103,700 vs $120,400).

Median household income in Buffalo is $74,773 compared to $75,625 in Letts (-1.1%). Letts 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 Buffalo spend roughly 13.2% of their income on rent, less than the 14.9% in Letts.