Leland, IA vs St. Olaf, IA
Leland, IA and St. Olaf, IA have a very similar cost of living, with only a 4.5% difference in their overall index. Leland scores 64 while St. Olaf scores 62 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 Leland is $860/month compared to $775/month in St. Olaf — a 11% difference. Home values follow the same pattern: St. Olaf is more affordable at $76,700 median vs $79,200.
Median household income in Leland is $52,500 compared to $88,750 in St. Olaf (-40.8%). St. Olaf offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Leland spend roughly 19.7% of their income on rent, more than the 10.5% in St. Olaf.
Climate-wise, both cities share similar average temperatures (45.6°F vs 48.1°F). Leland receives more rainfall at 36.3" per year compared to 33.9" in St. Olaf.
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Climate
NOAA 30-year normals (1991-2020)