Lamont, IA vs Traer, IA

Lamont is moderately more affordable than Traer, with a 10.7% lower cost of living index. Lamont scores 65 compared to 72 for Traer, where the US average is 100. This difference means residents of Traer can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lamont is $836/month compared to $1,016/month in Traer — a 18% difference. Home values follow the same pattern: Lamont is more affordable at $91,700 median vs $131,900.

Median household income in Lamont is $56,250 compared to $79,653 in Traer (-29.4%). While Traer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lamont spend roughly 17.8% of their income on rent, more than the 15.3% in Traer.

Climate-wise, both cities share similar average temperatures (49°F vs 47.7°F). Lamont receives more rainfall at 36.3" per year compared to 32.8" in Traer.