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Independence, IA vs Oskaloosa, IA

68
Independence
Iowa
VS
-1.5%
69
Oskaloosa
Iowa

Independence, IA and Oskaloosa, IA have a very similar cost of living, with only a 1.5% difference in their overall index. Independence scores 68 while Oskaloosa scores 69 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 Independence is $769/month compared to $880/month in Oskaloosa — a 13% difference. Interestingly, home values tell a different story: while Independence has cheaper rent, Oskaloosa actually has lower median home values ($128,900 vs $156,900).

Median household income in Independence is $72,250 compared to $62,172 in Oskaloosa (+16.2%). Independence offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Independence spend roughly 12.8% of their income on rent, less than the 17% in Oskaloosa.

Climate-wise, both cities share similar average temperatures (49°F vs 50.7°F). Oskaloosa receives more rainfall at 37" per year compared to 36.3" in Independence.

Income & Cost

Cost of Living Index
Independence
68
2% cheaper
Oskaloosa
69
Median Household Income
Independence
$72,250
14% higher
Oskaloosa
$62,172

Housing

Median Rent
Independence
$769
13% cheaper
Oskaloosa
$880
Median Home Value
Independence
$156,900
Oskaloosa
$128,900
18% cheaper
Population
Independence
6,149
Oskaloosa
11,492

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Independence 49°F
Oskaloosa 50.7°F
Summer High
Independence 85°F
Oskaloosa 86°F
Winter Low
Independence 11°F
Oskaloosa 14°F
Rainfall
Independence 36.3"
Oskaloosa 37"
Rainy Days
Independence 114d
Oskaloosa 109d