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Fort Dodge, IA vs Storm Lake, IA

66
Fort Dodge
Iowa
VS
-6.9%
70
Storm Lake
Iowa

Fort Dodge is moderately more affordable than Storm Lake, with a 6.9% lower cost of living index. Fort Dodge scores 66 compared to 70 for Storm Lake, where the US average is 100. This difference means residents of Storm Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fort Dodge is $764/month compared to $830/month in Storm Lake — a 8% difference. Home values follow the same pattern: Fort Dodge is more affordable at $128,900 median vs $163,600.

Median household income in Fort Dodge is $61,769 compared to $58,341 in Storm Lake (+5.9%). Fort Dodge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fort Dodge spend roughly 14.8% of their income on rent, less than the 17.1% in Storm Lake.

Income & Cost

Cost of Living Index
Fort Dodge
66
7% cheaper
Storm Lake
70
Median Household Income
Fort Dodge
$61,769
6% higher
Storm Lake
$58,341

Housing

Median Rent
Fort Dodge
$764
8% cheaper
Storm Lake
$830
Median Home Value
Fort Dodge
$128,900
21% cheaper
Storm Lake
$163,600
Population
Fort Dodge
24,788
Storm Lake
11,275

Salary Equivalency Calculator

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