Coralville, IA vs Storm Lake, IA

There is a significant gap in the cost of living between these two cities. Storm Lake is 23% cheaper than Coralville. With a cost index of 70 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Storm Lake to Coralville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Coralville is $1,021/month compared to $830/month in Storm Lake — a 23% difference. Home values follow the same pattern: Storm Lake is more affordable at $163,600 median vs $286,000.

Median household income in Coralville is $66,508 compared to $58,341 in Storm Lake (+14%). The higher salaries in Coralville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Coralville spend roughly 18.4% of their income on rent, more than the 17.1% in Storm Lake.