Lamont, IA vs Oakville, IA

Lamont, IA and Oakville, IA have a very similar cost of living, with only a 1.1% difference in their overall index. Lamont scores 65 while Oakville scores 65 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 Lamont is $836/month compared to $900/month in Oakville — a 7% difference. Interestingly, home values tell a different story: while Lamont has cheaper rent, Oakville actually has lower median home values ($76,700 vs $91,700).

Median household income in Lamont is $56,250 compared to $53,750 in Oakville (+4.7%). Lamont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lamont spend roughly 17.8% of their income on rent, less than the 20.1% in Oakville.

Climate-wise, both cities share similar average temperatures (49°F vs 51.9°F). Oakville receives more rainfall at 37.9" per year compared to 36.3" in Lamont.