Lansing, IA vs Mingo, IA
Lansing, IA and Mingo, IA have a very similar cost of living, with only a 3% difference in their overall index. Lansing scores 61 while Mingo scores 63 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 Lansing is $581/month compared to $691/month in Mingo — a 16% difference. Interestingly, home values tell a different story: while Lansing has cheaper rent, Mingo actually has lower median home values ($120,300 vs $145,800).
Median household income in Lansing is $49,537 compared to $61,806 in Mingo (-19.9%). While Mingo 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, more than the 13.4% in Mingo.
Climate-wise, both cities share similar average temperatures (48.1°F vs 49.5°F). Mingo receives more rainfall at 36.6" per year compared to 33.9" in Lansing.
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