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Neola, IA vs Otho, IA

76
Neola
Iowa
VS
+29.5%
59
Otho
Iowa

There is a significant gap in the cost of living between these two cities. Otho is 29.5% cheaper than Neola. With a cost index of 59 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Otho to Neola should plan for substantially higher expenses across most categories.

On the housing front, median rent in Neola is $994/month compared to $658/month in Otho — a 51% difference. Home values follow the same pattern: Otho is more affordable at $85,600 median vs $166,400.

Median household income in Neola is $68,859 compared to $42,083 in Otho (+63.6%). 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 Neola spend roughly 17.3% of their income on rent, less than the 18.8% in Otho.

Climate-wise, Neola is notably warmer with an average of 52.4°F compared to 48.6°F in Otho. Otho receives more rainfall at 35.9" per year compared to 31.9" in Neola.

Income & Cost

Cost of Living Index
Neola
76
Otho
59
23% cheaper
Median Household Income
Neola
$68,859
39% higher
Otho
$42,083

Housing

Median Rent
Neola
$994
Otho
$658
34% cheaper
Median Home Value
Neola
$166,400
Otho
$85,600
49% cheaper
Population
Neola
1,098
Otho
397

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Neola $2.96
Otho
US $3.07
🥚
Eggs (grade A, large)
Neola $2.41
Otho
US $2.50
🥛
Milk (whole)
Neola $3.89
Otho
US $4.03
🍞
Bread (white)
Neola $1.79
Otho
US $1.85
🍗
Chicken breast
Neola $4.00
Otho
US $4.14
Electricity
Neola $0.15
Otho
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Neola 52.4°F
Otho 48.6°F
Summer High
Neola 88°F
Otho 84°F
Winter Low
Neola 15°F
Otho 11°F
Rainfall
Neola 31.9"
Otho 35.9"
Rainy Days
Neola 103d
Otho 112d