Latimer, IA vs Sumner, IA

There is a significant gap in the cost of living between these two cities. Sumner is 22.3% cheaper than Latimer. With a cost index of 58 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sumner to Latimer should plan for substantially higher expenses across most categories.

On the housing front, median rent in Latimer is $1,020/month compared to $598/month in Sumner — a 71% difference. Interestingly, home values tell a different story: while Sumner has cheaper rent, Latimer actually has lower median home values ($101,500 vs $111,900).

Median household income in Latimer is $71,250 compared to $56,174 in Sumner (+26.8%). While Latimer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Latimer spend roughly 17.2% of their income on rent, more than the 12.8% in Sumner.

Climate-wise, Sumner is notably warmer with an average of 49°F compared to 45.6°F in Latimer. Sumner receives more rainfall at 36.3" per year compared to 36.3" in Latimer.