Larchwood, IA vs Letts, IA

Letts is moderately more affordable than Larchwood, with a 6.4% lower cost of living index. Larchwood scores 73 compared to 69 for Letts, where the US average is 100. This difference means residents of Larchwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Larchwood is $854/month compared to $942/month in Letts — a 9% difference. Interestingly, home values tell a different story: while Larchwood has cheaper rent, Letts actually has lower median home values ($103,700 vs $189,700).

Median household income in Larchwood is $69,327 compared to $75,625 in Letts (-8.3%). Letts offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Larchwood spend roughly 14.8% of their income on rent, less than the 14.9% in Letts.

Climate-wise, Letts is notably warmer with an average of 51°F compared to 47.4°F in Larchwood. Letts receives more rainfall at 35.7" per year compared to 27.8" in Larchwood.