Decorah, IA vs Solon, IA

There is a significant gap in the cost of living between these two cities. Decorah is 19% cheaper than Solon. With a cost index of 75 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Decorah to Solon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Decorah is $788/month compared to $1,166/month in Solon — a 32% difference. Home values follow the same pattern: Decorah is more affordable at $234,600 median vs $305,300.

Median household income in Decorah is $62,177 compared to $111,597 in Solon (-44.3%). While Solon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Decorah spend roughly 15.2% of their income on rent, more than the 12.5% in Solon.