Elma, IA vs Joice, IA

Elma is moderately more affordable than Joice, with a 6.6% lower cost of living index. Elma scores 58 compared to 62 for Joice, where the US average is 100. This difference means residents of Joice can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elma is $668/month compared to $725/month in Joice — a 8% difference. Home values follow the same pattern: Elma is more affordable at $71,400 median vs $100,000.

Median household income in Elma is $41,528 compared to $53,750 in Joice (-22.7%). While Joice is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elma spend roughly 19.3% of their income on rent, more than the 16.2% in Joice.