Steamboat Rock, IA vs University Park, IA

Steamboat Rock, IA and University Park, IA have a very similar cost of living, with only a 2.4% difference in their overall index. Steamboat Rock scores 60 while University Park scores 62 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 Steamboat Rock is $755/month compared to $731/month in University Park — a 3% difference. Interestingly, home values tell a different story: while University Park has cheaper rent, Steamboat Rock actually has lower median home values ($78,300 vs $92,700).

Median household income in Steamboat Rock is $44,583 compared to $65,815 in University Park (-32.3%). While University Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Steamboat Rock spend roughly 20.3% of their income on rent, more than the 13.3% in University Park.

Climate-wise, University Park is notably warmer with an average of 50.7°F compared to 47.7°F in Steamboat Rock. University Park receives more rainfall at 37" per year compared to 32.8" in Steamboat Rock.