Larchwood, IA vs Onawa, IA

Larchwood, IA and Onawa, IA have a very similar cost of living, with only a 0.9% difference in their overall index. Larchwood scores 73 while Onawa scores 73 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 Larchwood is $854/month compared to $1,005/month in Onawa — a 15% difference. Interestingly, home values tell a different story: while Larchwood has cheaper rent, Onawa actually has lower median home values ($125,700 vs $189,700).

Median household income in Larchwood is $69,327 compared to $54,659 in Onawa (+26.8%). While Larchwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Larchwood spend roughly 14.8% of their income on rent, less than the 22.1% in Onawa.

Climate-wise, both cities share similar average temperatures (47.4°F vs 50.1°F). Onawa receives more rainfall at 28.3" per year compared to 27.8" in Larchwood.