Floyd, IA vs Odebolt, IA

There is a significant gap in the cost of living between these two cities. Odebolt is 20.6% cheaper than Floyd. With a cost index of 55 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Odebolt to Floyd should plan for substantially higher expenses across most categories.

On the housing front, median rent in Floyd is $850/month compared to $499/month in Odebolt — a 70% difference. Home values follow the same pattern: Odebolt is more affordable at $98,100 median vs $106,700.

Median household income in Floyd is $61,000 compared to $54,914 in Odebolt (+11.1%). The higher salaries in Floyd partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Floyd spend roughly 16.7% of their income on rent, more than the 10.9% in Odebolt.