Garrison, IA vs Raymond, IA
There is a significant gap in the cost of living between these two cities. Garrison is 24.5% cheaper than Raymond. With a cost index of 62 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Garrison to Raymond should plan for substantially higher expenses across most categories.
On the housing front, median rent in Garrison is $830/month compared to $1,125/month in Raymond — a 26% difference. Home values follow the same pattern: Garrison is more affordable at $65,000 median vs $210,400.
Median household income in Garrison is $57,083 compared to $62,813 in Raymond (-9.1%). Raymond does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Garrison spend roughly 17.4% of their income on rent, less than the 21.5% in Raymond.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area