Carter Lake, IA vs Keokuk, IA

There is a significant gap in the cost of living between these two cities. Keokuk is 23.9% cheaper than Carter Lake. With a cost index of 64 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Keokuk to Carter Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carter Lake is $1,115/month compared to $810/month in Keokuk — a 38% difference. Home values follow the same pattern: Keokuk is more affordable at $93,700 median vs $161,200.

Median household income in Carter Lake is $75,037 compared to $49,340 in Keokuk (+52.1%). While Carter Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carter Lake spend roughly 17.8% of their income on rent, less than the 19.7% in Keokuk.