Oakville, IA vs Packwood, IA
Packwood is moderately more affordable than Oakville, with a 7.1% lower cost of living index. Oakville scores 65 compared to 61 for Packwood, where the US average is 100. This difference means residents of Oakville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Oakville is $900/month compared to $750/month in Packwood — a 20% difference. Interestingly, home values tell a different story: while Packwood has cheaper rent, Oakville actually has lower median home values ($76,700 vs $79,100).
Median household income in Oakville is $53,750 compared to $43,750 in Packwood (+22.9%). While Oakville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakville spend roughly 20.1% of their income on rent, less than the 20.6% in Packwood.
Climate-wise, both cities share similar average temperatures (51.9°F vs 50.7°F). Oakville receives more rainfall at 37.9" per year compared to 37" in Packwood.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)