Lansing, IA vs Milford, IA
There is a significant gap in the cost of living between these two cities. Lansing is 16.5% cheaper than Milford. With a cost index of 61 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lansing to Milford should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lansing is $581/month compared to $806/month in Milford — a 28% difference. Home values follow the same pattern: Lansing is more affordable at $145,800 median vs $211,000.
Median household income in Lansing is $49,537 compared to $60,571 in Milford (-18.2%). While Milford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lansing spend roughly 14.1% of their income on rent, less than the 16% in Milford.
Climate-wise, both cities share similar average temperatures (48.1°F vs 46.8°F). Lansing receives more rainfall at 33.9" per year compared to 26.8" in Milford.
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Climate
NOAA 30-year normals (1991-2020)