Fenton, IA vs Olin, IA
Fenton is moderately more affordable than Olin, with a 8.6% lower cost of living index. Fenton scores 58 compared to 63 for Olin, where the US average is 100. This difference means residents of Olin can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Fenton is $710/month compared to $775/month in Olin — a 8% difference. Home values follow the same pattern: Fenton is more affordable at $52,400 median vs $98,500.
Median household income in Fenton is $53,125 compared to $67,120 in Olin (-20.9%). While Olin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fenton spend roughly 16% of their income on rent, more than the 13.9% in Olin.
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