Evansdale, IA vs Storm Lake, IA

Evansdale, IA and Storm Lake, IA have a very similar cost of living, with only a 0.5% difference in their overall index. Evansdale scores 71 while Storm Lake scores 70 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 Evansdale is $945/month compared to $830/month in Storm Lake — a 14% difference. Interestingly, home values tell a different story: while Storm Lake has cheaper rent, Evansdale actually has lower median home values ($138,200 vs $163,600).

Median household income in Evansdale is $57,415 compared to $58,341 in Storm Lake (-1.6%). Storm Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Evansdale spend roughly 19.8% of their income on rent, more than the 17.1% in Storm Lake.