Buffalo, IA vs Lorimor, IA

Buffalo, IA and Lorimor, IA have a very similar cost of living, with only a 3.4% difference in their overall index. Buffalo scores 66 while Lorimor 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 Buffalo is $821/month compared to $850/month in Lorimor — a 3% difference. Interestingly, home values tell a different story: while Buffalo has cheaper rent, Lorimor actually has lower median home values ($67,900 vs $120,400).

Median household income in Buffalo is $74,773 compared to $43,281 in Lorimor (+72.8%). While Buffalo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Buffalo spend roughly 13.2% of their income on rent, less than the 23.6% in Lorimor.