Lake Park, IA vs Worthington, IA

There is a significant gap in the cost of living between these two cities. Worthington is 23.2% cheaper than Lake Park. With a cost index of 61 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Worthington to Lake Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Park is $1,013/month compared to $575/month in Worthington — a 76% difference. Home values follow the same pattern: Worthington is more affordable at $150,500 median vs $153,500.

Median household income in Lake Park is $73,977 compared to $81,875 in Worthington (-9.6%). Worthington 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 Park spend roughly 16.4% of their income on rent, more than the 8.4% in Worthington.

Climate-wise, both cities share similar average temperatures (46.8°F vs 47.2°F). Worthington receives more rainfall at 38.2" per year compared to 26.8" in Lake Park.