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Shenandoah, IA vs Spencer, IA

64
Shenandoah
Iowa
VS
-9.4%
71
Spencer
Iowa

Shenandoah is moderately more affordable than Spencer, with a 9.4% lower cost of living index. Shenandoah scores 64 compared to 71 for Spencer, where the US average is 100. This difference means residents of Spencer can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Shenandoah is $762/month compared to $795/month in Spencer — a 4% difference. Home values follow the same pattern: Shenandoah is more affordable at $110,000 median vs $178,300.

Median household income in Shenandoah is $52,469 compared to $57,068 in Spencer (-8.1%). The higher salaries in Spencer partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Shenandoah spend roughly 17.4% of their income on rent, more than the 16.7% in Spencer.

Climate-wise, Shenandoah is notably warmer with an average of 52.4°F compared to 46.8°F in Spencer. Shenandoah receives more rainfall at 31.9" per year compared to 26.8" in Spencer.

Income & Cost

Cost of Living Index
Shenandoah
64
9% cheaper
Spencer
71
Median Household Income
Shenandoah
$52,469
Spencer
$57,068
8% higher

Housing

Median Rent
Shenandoah
$762
4% cheaper
Spencer
$795
Median Home Value
Shenandoah
$110,000
38% cheaper
Spencer
$178,300
Population
Shenandoah
4,913
Spencer
11,393

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Shenandoah 52.4°F
Spencer 46.8°F
Summer High
Shenandoah 88°F
Spencer 85°F
Winter Low
Shenandoah 15°F
Spencer 8°F
Rainfall
Shenandoah 31.9"
Spencer 26.8"
Rainy Days
Shenandoah 103d
Spencer 97d