Lenox, IA vs Royal, IA
Lenox, IA and Royal, IA have a very similar cost of living, with only a 1.6% difference in their overall index. Lenox scores 64 while Royal scores 63 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 Lenox is $759/month compared to $798/month in Royal — a 5% difference. Interestingly, home values tell a different story: while Lenox has cheaper rent, Royal actually has lower median home values ($79,400 vs $106,000).
Median household income in Lenox is $59,750 compared to $57,450 in Royal (+4%). While Lenox is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lenox spend roughly 15.2% of their income on rent, less than the 16.7% in Royal.
Climate-wise, Lenox is notably warmer with an average of 51.6°F compared to 46.8°F in Royal. Lenox receives more rainfall at 37.4" per year compared to 26.8" in Royal.
Income & Cost
Housing
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Climate
NOAA 30-year normals (1991-2020)