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Oakville, IA vs Packwood, IA

65
Oakville
Iowa
VS
+7.1%
61
Packwood
Iowa

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

Cost of Living Index
Oakville
65
Packwood
61
7% cheaper
Median Household Income
Oakville
$53,750
19% higher
Packwood
$43,750

Housing

Median Rent
Oakville
$900
Packwood
$750
17% cheaper
Median Home Value
Oakville
$76,700
3% cheaper
Packwood
$79,100
Population
Oakville
168
Packwood
484

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Oakville 51.9°F
Packwood 50.7°F
Summer High
Oakville 85°F
Packwood 86°F
Winter Low
Oakville 16°F
Packwood 14°F
Rainfall
Oakville 37.9"
Packwood 37"
Rainy Days
Oakville 114d
Packwood 109d