Letts, IA vs Neola, IA
Letts is moderately more affordable than Neola, with a 9.5% lower cost of living index. Letts scores 69 compared to 76 for Neola, where the US average is 100. This difference means residents of Neola can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Letts is $942/month compared to $994/month in Neola — a 5% difference. Home values follow the same pattern: Letts is more affordable at $103,700 median vs $166,400.
Median household income in Letts is $75,625 compared to $68,859 in Neola (+9.8%). Letts offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Letts spend roughly 14.9% of their income on rent, less than the 17.3% in Neola.
Climate-wise, both cities share similar average temperatures (51°F vs 52.4°F). Letts receives more rainfall at 35.7" per year compared to 31.9" in Neola.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)