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Lake Mills, IA vs Maquoketa, IA

61
Lake Mills
Iowa
VS
-6%
65
Maquoketa
Iowa

Lake Mills is moderately more affordable than Maquoketa, with a 6% lower cost of living index. Lake Mills scores 61 compared to 65 for Maquoketa, where the US average is 100. This difference means residents of Maquoketa can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Mills is $615/month compared to $745/month in Maquoketa — a 17% difference. Interestingly, home values tell a different story: while Lake Mills has cheaper rent, Maquoketa actually has lower median home values ($126,800 vs $127,100).

Median household income in Lake Mills is $70,333 compared to $56,039 in Maquoketa (+25.5%). Lake Mills offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lake Mills spend roughly 10.5% of their income on rent, less than the 16% in Maquoketa.

Climate-wise, both cities share similar average temperatures (45.6°F vs 47.2°F). Maquoketa receives more rainfall at 38.2" per year compared to 36.3" in Lake Mills.

Income & Cost

Cost of Living Index
Lake Mills
61
6% cheaper
Maquoketa
65
Median Household Income
Lake Mills
$70,333
20% higher
Maquoketa
$56,039

Housing

Median Rent
Lake Mills
$615
17% cheaper
Maquoketa
$745
Median Home Value
Lake Mills
$127,100
Maquoketa
$126,800
Population
Lake Mills
2,054
Maquoketa
6,105

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake Mills 45.6°F
Maquoketa 47.2°F
Summer High
Lake Mills 83°F
Maquoketa 82°F
Winter Low
Lake Mills 7°F
Maquoketa 11°F
Rainfall
Lake Mills 36.3"
Maquoketa 38.2"
Rainy Days
Lake Mills 116d
Maquoketa 118d