Ollie, IA vs St. Olaf, IA
There is a significant gap in the cost of living between these two cities. St. Olaf is 28.4% cheaper than Ollie. With a cost index of 62 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from St. Olaf to Ollie should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Ollie are $88,600 compared to $76,700 in St. Olaf, a 16% gap.
Median household income in Ollie is $56,875 compared to $88,750 in St. Olaf (-35.9%). St. Olaf offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, both cities share similar average temperatures (50.7°F vs 48.1°F). Ollie receives more rainfall at 37" per year compared to 33.9" in St. Olaf.
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Climate
NOAA 30-year normals (1991-2020)