Larchwood, IA vs Solon, IA
There is a significant gap in the cost of living between these two cities. Larchwood is 20.8% cheaper than Solon. With a cost index of 73 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Larchwood to Solon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Larchwood is $854/month compared to $1,166/month in Solon — a 27% difference. Home values follow the same pattern: Larchwood is more affordable at $189,700 median vs $305,300.
Median household income in Larchwood is $69,327 compared to $111,597 in Solon (-37.9%). While Solon 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, more than the 12.5% in Solon.
Climate-wise, Solon is notably warmer with an average of 51°F compared to 47.4°F in Larchwood. Solon receives more rainfall at 35.7" per year compared to 27.8" in Larchwood.
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Climate
NOAA 30-year normals (1991-2020)