Edgewood, IA vs Lamoni, IA

There is a significant gap in the cost of living between these two cities. Lamoni is 22.8% cheaper than Edgewood. With a cost index of 61 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lamoni to Edgewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgewood is $975/month compared to $676/month in Lamoni — a 44% difference. Home values follow the same pattern: Lamoni is more affordable at $107,900 median vs $167,000.

Median household income in Edgewood is $56,875 compared to $52,300 in Lamoni (+8.7%). Edgewood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Edgewood spend roughly 20.6% of their income on rent, more than the 15.5% in Lamoni.