Denver, IA vs Latimer, IA

Denver, IA and Latimer, IA have a very similar cost of living, with only a 2.4% difference in their overall index. Denver scores 73 while Latimer scores 71 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 Denver is $788/month compared to $1,020/month in Latimer — a 23% difference. Interestingly, home values tell a different story: while Denver has cheaper rent, Latimer actually has lower median home values ($101,500 vs $221,100).

Median household income in Denver is $90,156 compared to $71,250 in Latimer (+26.5%). While Denver is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Denver spend roughly 10.5% of their income on rent, less than the 17.2% in Latimer.