Olin, IA vs Pierson, IA
Pierson is moderately more affordable than Olin, with a 9.9% lower cost of living index. Olin scores 63 compared to 57 for Pierson, where the US average is 100. This difference means residents of Olin can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Olin is $775/month compared to $644/month in Pierson — a 20% difference. Home values follow the same pattern: Pierson is more affordable at $85,300 median vs $98,500.
Median household income in Olin is $67,120 compared to $56,563 in Pierson (+18.7%). While Olin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Olin spend roughly 13.9% of their income on rent, more than the 13.7% in Pierson.
Climate-wise, both cities share similar average temperatures (48.3°F vs 48.4°F). Olin receives more rainfall at 35.9" per year compared to 29.3" in Pierson.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)