Gowrie, IA vs Lacona, IA

Gowrie, IA and Lacona, IA have a very similar cost of living, with only a 2.5% difference in their overall index. Gowrie scores 63 while Lacona scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gowrie is $753/month compared to $800/month in Lacona — a 6% difference. Interestingly, home values tell a different story: while Gowrie has cheaper rent, Lacona actually has lower median home values ($92,500 vs $98,400).

Median household income in Gowrie is $74,375 compared to $70,647 in Lacona (+5.3%). Gowrie offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gowrie spend roughly 12.1% of their income on rent, less than the 13.6% in Lacona.