Lake City, IA vs Seymour, IA
There is a significant gap in the cost of living between these two cities. Seymour is 15.7% cheaper than Lake City. With a cost index of 55 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Seymour to Lake City should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lake City is $761/month compared to $544/month in Seymour — a 40% difference. Home values follow the same pattern: Seymour is more affordable at $78,600 median vs $103,300.
Median household income in Lake City is $64,375 compared to $45,000 in Seymour (+43.1%). While Lake City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake City spend roughly 14.2% of their income on rent, less than the 14.5% in Seymour.
Climate-wise, Seymour is notably warmer with an average of 51.6°F compared to 48.6°F in Lake City. Seymour receives more rainfall at 37.4" per year compared to 35.9" in Lake City.
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Climate
NOAA 30-year normals (1991-2020)