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Olin, IA vs Pierson, IA

63
Olin
Iowa
VS
+9.9%
57
Pierson
Iowa

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

Cost of Living Index
Olin
63
Pierson
57
9% cheaper
Median Household Income
Olin
$67,120
16% higher
Pierson
$56,563

Housing

Median Rent
Olin
$775
Pierson
$644
17% cheaper
Median Home Value
Olin
$98,500
Pierson
$85,300
13% cheaper
Population
Olin
849
Pierson
291

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Olin $2.96
Pierson $2.97
US $3.07
🥚
Eggs (grade A, large)
Olin $2.42
Pierson $2.42
US $2.50
🥛
Milk (whole)
Olin $3.89
Pierson $3.89
US $4.03
🍞
Bread (white)
Olin $1.79
Pierson $1.79
US $1.85
🍗
Chicken breast
Olin $4.00
Pierson $4.01
US $4.14
Electricity
Olin $0.17
Pierson $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Olin 48.3°F
Pierson 48.4°F
Summer High
Olin 83°F
Pierson 85°F
Winter Low
Olin 11°F
Pierson 10°F
Rainfall
Olin 35.9"
Pierson 29.3"
Rainy Days
Olin 113d
Pierson 102d