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Joice, IA vs Olds, IA

62
Joice
Iowa
VS
-6.7%
66
Olds
Iowa

Joice is moderately more affordable than Olds, with a 6.7% lower cost of living index. Joice scores 62 compared to 66 for Olds, where the US average is 100. This difference means residents of Olds can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Joice is $725/month compared to $770/month in Olds — a 6% difference. Home values follow the same pattern: Joice is more affordable at $100,000 median vs $137,500.

Median household income in Joice is $53,750 compared to $48,500 in Olds (+10.8%). Joice offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Joice spend roughly 16.2% of their income on rent, less than the 19.1% in Olds.

Climate-wise, Olds is notably warmer with an average of 51.9°F compared to 45.6°F in Joice. Olds receives more rainfall at 37.9" per year compared to 36.3" in Joice.

Income & Cost

Cost of Living Index
Joice
62
7% cheaper
Olds
66
Median Household Income
Joice
$53,750
10% higher
Olds
$48,500

Housing

Median Rent
Joice
$725
6% cheaper
Olds
$770
Median Home Value
Joice
$100,000
27% cheaper
Olds
$137,500
Population
Joice
218
Olds
75

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Joice 45.6°F
Olds 51.9°F
Summer High
Joice 83°F
Olds 85°F
Winter Low
Joice 7°F
Olds 16°F
Rainfall
Joice 36.3"
Olds 37.9"
Rainy Days
Joice 116d
Olds 114d