Luana, IA vs Raymond, IA
There is a significant gap in the cost of living between these two cities. Luana is 20.7% cheaper than Raymond. With a cost index of 65 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Luana to Raymond should plan for substantially higher expenses across most categories.
On the housing front, median rent in Luana is $675/month compared to $1,125/month in Raymond — a 40% difference. Home values follow the same pattern: Luana is more affordable at $157,100 median vs $210,400.
Median household income in Luana is $73,438 compared to $62,813 in Raymond (+16.9%). Luana offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Luana spend roughly 11% of their income on rent, less than the 21.5% in Raymond.
Climate-wise, both cities share similar average temperatures (48.1°F vs 49°F). Raymond receives more rainfall at 36.3" per year compared to 33.9" in Luana.
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)