Colo, IA vs Lamoni, IA

The cost of living difference between Colo, IA and Lamoni, IA is dramatic. Lamoni is 31.6% cheaper than Colo, a gap that translates to thousands of dollars per year in household expenses. Colo has a cost index of 80 while Lamoni sits at 61, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Colo is $1,200/month compared to $676/month in Lamoni — a 78% difference. Home values follow the same pattern: Lamoni is more affordable at $107,900 median vs $147,400.

Median household income in Colo is $73,125 compared to $52,300 in Lamoni (+39.8%). While Colo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colo spend roughly 19.7% of their income on rent, more than the 15.5% in Lamoni.