Holiday Lakes, TX vs Iola, TX

Holiday Lakes, TX and Iola, TX have a very similar cost of living, with only a 4.4% difference in their overall index. Holiday Lakes scores 73 while Iola scores 70 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 Holiday Lakes is $995/month compared to $743/month in Iola — a 34% difference. Interestingly, home values tell a different story: while Iola has cheaper rent, Holiday Lakes actually has lower median home values ($93,600 vs $170,300).

Median household income in Holiday Lakes is $45,962 compared to $52,917 in Iola (-13.1%). Iola offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Holiday Lakes spend roughly 26% of their income on rent, more than the 16.8% in Iola.

Climate-wise, both cities share similar average temperatures (70.7°F vs 69.4°F). Holiday Lakes receives more rainfall at 45.8" per year compared to 41.8" in Iola.