Lamoni, IA vs Wellsburg, IA
Lamoni, IA and Wellsburg, IA have a very similar cost of living, with only a 4% difference in their overall index. Lamoni scores 61 while Wellsburg scores 59 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Lamoni is $676/month compared to $625/month in Wellsburg — a 8% difference. Interestingly, home values tell a different story: while Wellsburg has cheaper rent, Lamoni actually has lower median home values ($107,900 vs $110,800).
Median household income in Lamoni is $52,300 compared to $63,125 in Wellsburg (-17.1%). Wellsburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lamoni spend roughly 15.5% of their income on rent, more than the 11.9% in Wellsburg.
Climate-wise, Lamoni is notably warmer with an average of 51.6°F compared to 47.7°F in Wellsburg. Lamoni receives more rainfall at 37.4" per year compared to 32.8" in Wellsburg.
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