Moulton, IA vs Rake, IA

Moulton, IA and Rake, IA have a very similar cost of living, with only a 4.7% difference in their overall index. Moulton scores 56 while Rake scores 59 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Moulton is $654/month compared to $792/month in Rake — a 17% difference. Interestingly, home values tell a different story: while Moulton has cheaper rent, Rake actually has lower median home values ($34,200 vs $51,300).

Median household income in Moulton is $56,806 compared to $41,071 in Rake (+38.3%). Moulton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Moulton spend roughly 13.8% of their income on rent, less than the 23.1% in Rake.

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