Denver, IA vs Raymond, IA
Denver is moderately more affordable than Raymond, with a 11.4% lower cost of living index. Denver scores 73 compared to 82 for Raymond, where the US average is 100. This difference means residents of Raymond can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Denver is $788/month compared to $1,125/month in Raymond — a 30% difference. Interestingly, home values tell a different story: while Denver has cheaper rent, Raymond actually has lower median home values ($210,400 vs $221,100).
Median household income in Denver is $90,156 compared to $62,813 in Raymond (+43.5%). Denver offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Denver spend roughly 10.5% of their income on rent, less than the 21.5% in Raymond.
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