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Lake Mills, IA vs Ventura, IA

61
Lake Mills
Iowa
VS
-33%
91
Ventura
Iowa

The cost of living difference between Lake Mills, IA and Ventura, IA is dramatic. Lake Mills is 33% cheaper than Ventura, a gap that translates to thousands of dollars per year in household expenses. Lake Mills has a cost index of 61 while Ventura sits at 91, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lake Mills is $615/month compared to $1,016/month in Ventura — a 40% difference. Home values follow the same pattern: Lake Mills is more affordable at $127,100 median vs $344,800.

Median household income in Lake Mills is $70,333 compared to $83,125 in Ventura (-15.4%). Ventura does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lake Mills spend roughly 10.5% of their income on rent, less than the 14.7% in Ventura.

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

Income & Cost

Cost of Living Index
Lake Mills
61
33% cheaper
Ventura
91
Median Household Income
Lake Mills
$70,333
Ventura
$83,125
15% higher

Housing

Median Rent
Lake Mills
$615
39% cheaper
Ventura
$1,016
Median Home Value
Lake Mills
$127,100
63% cheaper
Ventura
$344,800
Population
Lake Mills
2,054
Ventura
708

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake Mills 45.6°F
Ventura 45.6°F
Summer High
Lake Mills 83°F
Ventura 83°F
Winter Low
Lake Mills 7°F
Ventura 7°F
Rainfall
Lake Mills 36.3"
Ventura 36.3"
Rainy Days
Lake Mills 116d
Ventura 116d