Fenton, IA vs Raymond, IA

There is a significant gap in the cost of living between these two cities. Fenton is 29.8% cheaper than Raymond. With a cost index of 58 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fenton to Raymond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fenton is $710/month compared to $1,125/month in Raymond — a 37% difference. Home values follow the same pattern: Fenton is more affordable at $52,400 median vs $210,400.

Median household income in Fenton is $53,125 compared to $62,813 in Raymond (-15.4%). The higher salaries in Raymond partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fenton spend roughly 16% of their income on rent, less than the 21.5% in Raymond.