Lost Nation, IA vs Neola, IA
There is a significant gap in the cost of living between these two cities. Lost Nation is 24% cheaper than Neola. With a cost index of 58 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lost Nation to Neola should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lost Nation is $658/month compared to $994/month in Neola — a 34% difference. Home values follow the same pattern: Lost Nation is more affordable at $74,500 median vs $166,400.
Median household income in Lost Nation is $51,000 compared to $68,859 in Neola (-25.9%). While Neola is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lost Nation spend roughly 15.5% of their income on rent, less than the 17.3% in Neola.
Climate-wise, both cities share similar average temperatures (49.9°F vs 52.4°F). Lost Nation receives more rainfall at 36.2" per year compared to 31.9" in Neola.
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Climate
NOAA 30-year normals (1991-2020)