Larchwood, IA vs Tama, IA
There is a significant gap in the cost of living between these two cities. Tama is 16.9% cheaper than Larchwood. With a cost index of 63 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Tama to Larchwood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Larchwood is $854/month compared to $744/month in Tama — a 15% difference. Home values follow the same pattern: Tama is more affordable at $101,200 median vs $189,700.
Median household income in Larchwood is $69,327 compared to $61,944 in Tama (+11.9%). The higher salaries in Larchwood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Larchwood spend roughly 14.8% of their income on rent, more than the 14.4% in Tama.
Climate-wise, both cities share similar average temperatures (47.4°F vs 47.7°F). Tama receives more rainfall at 32.8" per year compared to 27.8" in Larchwood.
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Climate
NOAA 30-year normals (1991-2020)