Iola, KS vs Oakley, KS

Iola is moderately more affordable than Oakley, with a 9.5% lower cost of living index. Iola scores 58 compared to 65 for Oakley, where the US average is 100. This difference means residents of Oakley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Iola is $689/month compared to $781/month in Oakley — a 12% difference. Home values follow the same pattern: Iola is more affordable at $78,100 median vs $118,700.

Median household income in Iola is $50,417 compared to $69,778 in Oakley (-27.7%). While Oakley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Iola spend roughly 16.4% of their income on rent, more than the 13.4% in Oakley.