Colo, IA vs Renwick, IA

The cost of living difference between Colo, IA and Renwick, IA is dramatic. Renwick is 35.2% cheaper than Colo, a gap that translates to thousands of dollars per year in household expenses. Colo has a cost index of 80 while Renwick sits at 60, 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 $696/month in Renwick — a 72% difference. Home values follow the same pattern: Renwick is more affordable at $80,800 median vs $147,400.

Median household income in Colo is $73,125 compared to $54,375 in Renwick (+34.5%). The higher salaries in Colo partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Colo spend roughly 19.7% of their income on rent, more than the 15.4% in Renwick.