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Moravia, IA vs Rake, IA

64
Moravia
Iowa
VS
+9.3%
59
Rake
Iowa

Rake is moderately more affordable than Moravia, with a 9.3% lower cost of living index. Moravia scores 64 compared to 59 for Rake, where the US average is 100. This difference means residents of Moravia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Moravia is $758/month compared to $792/month in Rake — a 4% difference. Interestingly, home values tell a different story: while Moravia has cheaper rent, Rake actually has lower median home values ($34,200 vs $113,600).

Median household income in Moravia is $53,750 compared to $41,071 in Rake (+30.9%). While Moravia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Moravia spend roughly 16.9% of their income on rent, less than the 23.1% in Rake.

Climate-wise, Moravia is notably warmer with an average of 50.7°F compared to 45.6°F in Rake. Moravia receives more rainfall at 37" per year compared to 36.3" in Rake.

Income & Cost

Cost of Living Index
Moravia
64
Rake
59
9% cheaper
Median Household Income
Moravia
$53,750
24% higher
Rake
$41,071

Housing

Median Rent
Moravia
$758
4% cheaper
Rake
$792
Median Home Value
Moravia
$113,600
Rake
$34,200
70% cheaper
Population
Moravia
587
Rake
199

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Moravia 50.7°F
Rake 45.6°F
Summer High
Moravia 86°F
Rake 83°F
Winter Low
Moravia 14°F
Rake 7°F
Rainfall
Moravia 37"
Rake 36.3"
Rainy Days
Moravia 109d
Rake 116d