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Independence, IA vs Lamoni, IA

68
Independence
Iowa
VS
+11.2%
61
Lamoni
Iowa

Lamoni is moderately more affordable than Independence, with a 11.2% lower cost of living index. Independence scores 68 compared to 61 for Lamoni, where the US average is 100. This difference means residents of Independence can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Independence is $769/month compared to $676/month in Lamoni — a 14% difference. Home values follow the same pattern: Lamoni is more affordable at $107,900 median vs $156,900.

Median household income in Independence is $72,250 compared to $52,300 in Lamoni (+38.1%). While Independence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Independence spend roughly 12.8% of their income on rent, less than the 15.5% in Lamoni.

Climate-wise, both cities share similar average temperatures (49°F vs 51.6°F). Lamoni receives more rainfall at 37.4" per year compared to 36.3" in Independence.

Income & Cost

Cost of Living Index
Independence
68
Lamoni
61
10% cheaper
Median Household Income
Independence
$72,250
28% higher
Lamoni
$52,300

Housing

Median Rent
Independence
$769
Lamoni
$676
12% cheaper
Median Home Value
Independence
$156,900
Lamoni
$107,900
31% cheaper
Population
Independence
6,149
Lamoni
2,121

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Independence 49°F
Lamoni 51.6°F
Summer High
Independence 85°F
Lamoni 85°F
Winter Low
Independence 11°F
Lamoni 16°F
Rainfall
Independence 36.3"
Lamoni 37.4"
Rainy Days
Independence 114d
Lamoni 109d