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Denmark, IA vs Lakota, IA

74
Denmark
Iowa
VS
+21.5%
61
Lakota
Iowa

There is a significant gap in the cost of living between these two cities. Lakota is 21.5% cheaper than Denmark. With a cost index of 61 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lakota to Denmark should plan for substantially higher expenses across most categories.

On the housing front, median rent in Denmark is $874/month compared to $850/month in Lakota — a 3% difference. Home values follow the same pattern: Lakota is more affordable at $42,300 median vs $193,200.

Median household income in Denmark is $105,714 compared to $73,250 in Lakota (+44.3%). While Denmark is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Denmark spend roughly 9.9% of their income on rent, less than the 13.9% in Lakota.

Income & Cost

Cost of Living Index
Denmark
74
Lakota
61
18% cheaper
Median Household Income
Denmark
$105,714
31% higher
Lakota
$73,250

Housing

Median Rent
Denmark
$874
Lakota
$850
3% cheaper
Median Home Value
Denmark
$193,200
Lakota
$42,300
78% cheaper
Population
Denmark
738
Lakota
249

Salary Equivalency Calculator

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