Ringsted, IA vs Rock Falls, IA
There is a significant gap in the cost of living between these two cities. Ringsted is 24.4% cheaper than Rock Falls. With a cost index of 56 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ringsted to Rock Falls should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ringsted is $675/month compared to $967/month in Rock Falls — a 30% difference. Home values follow the same pattern: Ringsted is more affordable at $43,900 median vs $156,300.
Median household income in Ringsted is $63,250 compared to $66,875 in Rock Falls (-5.4%). Rock Falls does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Ringsted spend roughly 12.8% of their income on rent, less than the 17.4% in Rock Falls.
Climate-wise, both cities share similar average temperatures (44.6°F vs 45.6°F). Rock Falls receives more rainfall at 36.3" per year compared to 29.3" in Ringsted.
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Housing
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Climate
NOAA 30-year normals (1991-2020)