Clear Lake, IA vs Sibley, IA

Sibley is moderately more affordable than Clear Lake, with a 13.8% lower cost of living index. Clear Lake scores 74 compared to 65 for Sibley, where the US average is 100. This difference means residents of Clear Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clear Lake is $755/month compared to $770/month in Sibley — a 2% difference. Interestingly, home values tell a different story: while Clear Lake has cheaper rent, Sibley actually has lower median home values ($119,800 vs $235,100).

Median household income in Clear Lake is $70,278 compared to $54,767 in Sibley (+28.3%). While Clear 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 Clear Lake spend roughly 12.9% of their income on rent, less than the 16.9% in Sibley.