Carter Lake, IA vs Woodbine, IA

Woodbine is moderately more affordable than Carter Lake, with a 13.4% lower cost of living index. Carter Lake scores 79 compared to 70 for Woodbine, where the US average is 100. This difference means residents of Carter Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carter Lake is $1,115/month compared to $858/month in Woodbine — a 30% difference. Home values follow the same pattern: Woodbine is more affordable at $141,900 median vs $161,200.

Median household income in Carter Lake is $75,037 compared to $54,167 in Woodbine (+38.5%). 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% in Woodbine.