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Lamoni, IA vs Latimer, IA

61
Lamoni
Iowa
VS
-13.9%
71
Latimer
Iowa

Lamoni is moderately more affordable than Latimer, with a 13.9% lower cost of living index. Lamoni scores 61 compared to 71 for Latimer, where the US average is 100. This difference means residents of Latimer can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lamoni is $676/month compared to $1,020/month in Latimer — a 34% difference. Interestingly, home values tell a different story: while Lamoni has cheaper rent, Latimer actually has lower median home values ($101,500 vs $107,900).

Median household income in Lamoni is $52,300 compared to $71,250 in Latimer (-26.6%). While Latimer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lamoni spend roughly 15.5% of their income on rent, less than the 17.2% in Latimer.

Climate-wise, Lamoni is notably warmer with an average of 51.6°F compared to 45.6°F in Latimer. Lamoni receives more rainfall at 37.4" per year compared to 36.3" in Latimer.

Income & Cost

Cost of Living Index
Lamoni
61
14% cheaper
Latimer
71
Median Household Income
Lamoni
$52,300
Latimer
$71,250
27% higher

Housing

Median Rent
Lamoni
$676
34% cheaper
Latimer
$1,020
Median Home Value
Lamoni
$107,900
Latimer
$101,500
6% cheaper
Population
Lamoni
2,121
Latimer
763

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lamoni 51.6°F
Latimer 45.6°F
Summer High
Lamoni 85°F
Latimer 83°F
Winter Low
Lamoni 16°F
Latimer 7°F
Rainfall
Lamoni 37.4"
Latimer 36.3"
Rainy Days
Lamoni 109d
Latimer 116d