Clermont, IA vs Walnut, IA

Clermont is moderately more affordable than Walnut, with a 13.9% lower cost of living index. Clermont scores 57 compared to 66 for Walnut, where the US average is 100. This difference means residents of Walnut can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clermont is $507/month compared to $844/month in Walnut — a 40% difference. Interestingly, home values tell a different story: while Clermont has cheaper rent, Walnut actually has lower median home values ($97,900 vs $117,200).

Median household income in Clermont is $73,906 compared to $65,278 in Walnut (+13.2%). Clermont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clermont spend roughly 8.2% of their income on rent, less than the 15.5% in Walnut.