Iowa Falls, IA vs Lisbon, IA
Iowa Falls is moderately more affordable than Lisbon, with a 6% lower cost of living index. Iowa Falls scores 68 compared to 72 for Lisbon, where the US average is 100. This difference means residents of Lisbon can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Iowa Falls is $898/month compared to $792/month in Lisbon — a 13% difference. Interestingly, home values tell a different story: while Lisbon has cheaper rent, Iowa Falls actually has lower median home values ($106,300 vs $202,600).
Median household income in Iowa Falls is $53,051 compared to $83,125 in Lisbon (-36.2%). While Lisbon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Iowa Falls spend roughly 20.3% of their income on rent, more than the 11.4% in Lisbon.
Climate-wise, both cities share similar average temperatures (47.7°F vs 48.3°F). Lisbon receives more rainfall at 35.9" per year compared to 32.8" in Iowa Falls.
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