Colesburg, IA vs Rake, IA

Colesburg is moderately more affordable than Rake, with a 5.7% lower cost of living index. Colesburg scores 55 compared to 59 for Rake, where the US average is 100. This difference means residents of Rake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colesburg is $494/month compared to $792/month in Rake — a 38% difference. Interestingly, home values tell a different story: while Colesburg has cheaper rent, Rake actually has lower median home values ($34,200 vs $103,700).

Median household income in Colesburg is $50,000 compared to $41,071 in Rake (+21.7%). Colesburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colesburg spend roughly 11.9% of their income on rent, less than the 23.1% in Rake.