Cresco, IA vs Lenox, IA

Cresco, IA and Lenox, IA have a very similar cost of living, with only a 2.5% difference in their overall index. Cresco scores 65 while Lenox scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cresco is $814/month compared to $759/month in Lenox — a 7% difference. Interestingly, home values tell a different story: while Lenox has cheaper rent, Cresco actually has lower median home values ($105,200 vs $106,000).

Median household income in Cresco is $60,769 compared to $59,750 in Lenox (+1.7%). The higher salaries in Cresco partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cresco spend roughly 16.1% of their income on rent, more than the 15.2% in Lenox.