Charter Oak, IA vs Rembrandt, IA

Rembrandt is moderately more affordable than Charter Oak, with a 8.4% lower cost of living index. Charter Oak scores 60 compared to 55 for Rembrandt, where the US average is 100. This difference means residents of Charter Oak can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Charter Oak is $710/month compared to $550/month in Rembrandt — a 29% difference. Interestingly, home values tell a different story: while Rembrandt has cheaper rent, Charter Oak actually has lower median home values ($81,600 vs $84,200).

Median household income in Charter Oak is $58,068 compared to $56,528 in Rembrandt (+2.7%). Charter Oak 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 Charter Oak spend roughly 14.7% of their income on rent, more than the 11.7% in Rembrandt.