Delaware, IA vs Lorimor, IA

Delaware, IA and Lorimor, IA have a very similar cost of living, with only a 3.1% difference in their overall index. Delaware scores 62 while Lorimor 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 Delaware is $613/month compared to $850/month in Lorimor — a 28% difference. Interestingly, home values tell a different story: while Delaware has cheaper rent, Lorimor actually has lower median home values ($67,900 vs $139,500).

Median household income in Delaware is $72,083 compared to $43,281 in Lorimor (+66.5%). Delaware offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Delaware spend roughly 10.2% of their income on rent, less than the 23.6% in Lorimor.