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Forest City, IA vs Oskaloosa, IA

65
Forest City
Iowa
VS
-6.2%
69
Oskaloosa
Iowa

Forest City is moderately more affordable than Oskaloosa, with a 6.2% lower cost of living index. Forest City scores 65 compared to 69 for Oskaloosa, where the US average is 100. This difference means residents of Oskaloosa can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Forest City is $719/month compared to $880/month in Oskaloosa — a 18% difference. Interestingly, home values tell a different story: while Forest City has cheaper rent, Oskaloosa actually has lower median home values ($128,900 vs $136,400).

Median household income in Forest City is $62,917 compared to $62,172 in Oskaloosa (+1.2%). Forest City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Forest City spend roughly 13.7% of their income on rent, less than the 17% in Oskaloosa.

Income & Cost

Cost of Living Index
Forest City
65
6% cheaper
Oskaloosa
69
Median Household Income
Forest City
$62,917
1% higher
Oskaloosa
$62,172

Housing

Median Rent
Forest City
$719
18% cheaper
Oskaloosa
$880
Median Home Value
Forest City
$136,400
Oskaloosa
$128,900
5% cheaper
Population
Forest City
4,280
Oskaloosa
11,492

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