Otho, IA vs Wayland, IA
Otho is moderately more affordable than Wayland, with a 7% lower cost of living index. Otho scores 59 compared to 63 for Wayland, where the US average is 100. This difference means residents of Wayland can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Otho is $658/month compared to $693/month in Wayland — a 5% difference. Home values follow the same pattern: Otho is more affordable at $85,600 median vs $122,200.
Median household income in Otho is $42,083 compared to $67,000 in Wayland (-37.2%). While Wayland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Otho spend roughly 18.8% of their income on rent, more than the 12.4% in Wayland.
Climate-wise, both cities share similar average temperatures (48.6°F vs 51°F). Otho receives more rainfall at 35.9" per year compared to 35.7" in Wayland.
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)