Lone Tree, IA vs Scranton, IA
There is a significant gap in the cost of living between these two cities. Scranton is 18.3% cheaper than Lone Tree. With a cost index of 63 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Scranton to Lone Tree should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lone Tree is $947/month compared to $880/month in Scranton — a 8% difference. Home values follow the same pattern: Scranton is more affordable at $58,600 median vs $170,700.
Median household income in Lone Tree is $80,294 compared to $60,000 in Scranton (+33.8%). While Lone Tree is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lone Tree spend roughly 14.2% of their income on rent, less than the 17.6% in Scranton.
Climate-wise, both cities share similar average temperatures (51°F vs 48.6°F). Scranton receives more rainfall at 35.9" per year compared to 35.7" in Lone Tree.
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NOAA 30-year normals (1991-2020)