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Indianola, IA vs Nevada, IA

80
Indianola
Iowa
VS
+9.6%
73
Nevada
Iowa

Nevada is moderately more affordable than Indianola, with a 9.6% lower cost of living index. Indianola scores 80 compared to 73 for Nevada, where the US average is 100. This difference means residents of Indianola can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Indianola is $966/month compared to $884/month in Nevada — a 9% difference. Home values follow the same pattern: Nevada is more affordable at $177,800 median vs $228,100.

Median household income in Indianola is $78,125 compared to $75,221 in Nevada (+3.9%). Indianola 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 Indianola spend roughly 14.8% of their income on rent, more than the 14.1% in Nevada.

Climate-wise, both cities share similar average temperatures (50.9°F vs 48.6°F). Indianola receives more rainfall at 36.6" per year compared to 35.9" in Nevada.

Income & Cost

Cost of Living Index
Indianola
80
Nevada
73
9% cheaper
Median Household Income
Indianola
$78,125
4% higher
Nevada
$75,221

Housing

Median Rent
Indianola
$966
Nevada
$884
8% cheaper
Median Home Value
Indianola
$228,100
Nevada
$177,800
22% cheaper
Population
Indianola
15,918
Nevada
6,952

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Indianola $2.96
Nevada $2.96
US $3.07
🥚
Eggs (grade A, large)
Indianola $2.42
Nevada $2.42
US $2.50
🥛
Milk (whole)
Indianola $3.89
Nevada $3.89
US $4.03
🍞
Bread (white)
Indianola $1.79
Nevada $1.79
US $1.85
🍗
Chicken breast
Indianola $4.00
Nevada $4.00
US $4.14
Electricity
Indianola $0.17
Nevada $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Indianola 50.9°F
Nevada 48.6°F
Summer High
Indianola 86°F
Nevada 84°F
Winter Low
Indianola 14°F
Nevada 11°F
Rainfall
Indianola 36.6"
Nevada 35.9"
Rainy Days
Indianola 113d
Nevada 112d