Cost of Living Calculator - Independence, Iowa vs Lake Mills, Iowa


The cost of living in Lake Mills, Iowa is 1.9% cheaper than Independence, Iowa.

You would need a salary of $49,030 in Lake Mills, Iowa to maintain the standard of living you have in Independence, Iowa.
Comparison highlights
• Overall, Lake Mills, Iowa is cheaper than Independence, Iowa
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
23% cheaper in Lake Mills
than in Independence, Iowa
Independence, IA vs Lake Mills, IA
Compared to Independence, Lake Mills is:
  Homeowner
      No Child Care, Taxes not Considered
  1.9% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.0% lower
  Housing (Homeowner)
  8.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.0% lower
  Commute
  6.1% lower
  Health
  19.5% higher
  Taxes
  Childcare
  Personal
  3.6% lower

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