Osceola, IA vs Toledo, IA

Osceola, IA and Toledo, IA have a very similar cost of living, with only a 2.9% difference in their overall index. Osceola scores 69 while Toledo scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Osceola is $832/month compared to $958/month in Toledo — a 13% difference. Interestingly, home values tell a different story: while Osceola has cheaper rent, Toledo actually has lower median home values ($124,000 vs $145,300).

Median household income in Osceola is $62,363 compared to $56,719 in Toledo (+10%). Osceola offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Osceola spend roughly 16% of their income on rent, less than the 20.3% in Toledo.

Climate-wise, Osceola is notably warmer with an average of 51.6°F compared to 47.7°F in Toledo. Osceola receives more rainfall at 37.4" per year compared to 32.8" in Toledo.