Dedham, IA vs Latimer, IA
There is a significant gap in the cost of living between these two cities. Latimer is 16.3% cheaper than Dedham. With a cost index of 71 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Latimer to Dedham should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Dedham are $132,400 compared to $101,500 in Latimer, a 30% gap.
Median household income in Dedham is $87,083 compared to $71,250 in Latimer (+22.2%). While Dedham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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