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Denmark, IA vs Lamoni, IA

74
Denmark
Iowa
VS
+21.3%
61
Lamoni
Iowa

There is a significant gap in the cost of living between these two cities. Lamoni is 21.3% 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 Lamoni to Denmark should plan for substantially higher expenses across most categories.

On the housing front, median rent in Denmark is $874/month compared to $676/month in Lamoni — a 29% difference. Home values follow the same pattern: Lamoni is more affordable at $107,900 median vs $193,200.

Median household income in Denmark is $105,714 compared to $52,300 in Lamoni (+102.1%). 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 15.5% in Lamoni.

Income & Cost

Cost of Living Index
Denmark
74
Lamoni
61
18% cheaper
Median Household Income
Denmark
$105,714
51% higher
Lamoni
$52,300

Housing

Median Rent
Denmark
$874
Lamoni
$676
23% cheaper
Median Home Value
Denmark
$193,200
Lamoni
$107,900
44% cheaper
Population
Denmark
738
Lamoni
2,121

Salary Equivalency Calculator

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