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Garrison, IA vs Raymond, IA

62
Garrison
Iowa
VS
-24.5%
82
Raymond
Iowa

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

Cost of Living Index
Garrison
62
25% cheaper
Raymond
82
Median Household Income
Garrison
$57,083
Raymond
$62,813
9% higher

Housing

Median Rent
Garrison
$830
26% cheaper
Raymond
$1,125
Median Home Value
Garrison
$65,000
69% cheaper
Raymond
$210,400
Population
Garrison
292
Raymond
843

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Garrison $2.96
Raymond $2.96
US $3.07
🥚
Eggs (grade A, large)
Garrison $2.42
Raymond $2.42
US $2.50
🥛
Milk (whole)
Garrison $3.89
Raymond $3.89
US $4.03
🍞
Bread (white)
Garrison $1.79
Raymond $1.79
US $1.85
🍗
Chicken breast
Garrison $4.00
Raymond $4.00
US $4.14
Electricity
Garrison $0.17
Raymond $0.17
US $0.19