Pandora, OH vs Lake Park, IA: Cost of Living

Which city costs less?

Lake Park, IA has a modeled overall cost index 8.7% lower than Pandora, OH.

Pandora, OH · modeled 2BR rent
$1,150 / month
Lake Park, IA · modeled 2BR rent
$1,180 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Pandora, OH and Lake Park, IA using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
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Estimated savings: $486/month in Lake Park, IA

$150,000 in your current city has a modeled equivalent of $144,174 in Lake Park, IA

Regional cost estimates: Pandora, OH uses Fort Wayne, IN. Lake Park, IA uses Minneapolis, MN. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 8.7%
Less expensive
Monthly Impact
$486
Savings
Annual Impact
$5.8K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Pandora, OH

Population:1K
Cost Index:
76.8
100 = national average
Typical Home:$224K

Lake Park, IA

Population:1K
Cost Index:
70.2
100 = national average
Typical Home:$233K

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Pandora, OH

The Buckeye State

1K
Population
State Tax
Yes

Located in Ohio, this city has a population of 1K residents.

Lake Park, IA

The Hawkeye State

1K
Population
State Tax
Yes

Located in Iowa, this city has a population of 1K residents.

Cost Breakdown by Category

Estimated monthly spending: Pandora, OH vs Lake Park, IA

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Other
↓ 16.4%
Pandora, OH
$1,746
Lake Park, IA
$1,460
Difference
$286
less
Transportation
↓ 18.5%
Pandora, OH
$1,393
Lake Park, IA
$1,135
Difference
$258
less
Housing
↑ 8.3%
Pandora, OH
$1,919
Lake Park, IA
$2,078
Difference
$159
more
All Utilities
↓ 15.3%
Pandora, OH
$612
Lake Park, IA
$519
Difference
$93.72
less
Groceries
↓ 6.2%
Pandora, OH
$1,120
Lake Park, IA
$1,051
Difference
$69.39
less
Healthcare
↑ 8.7%
Pandora, OH
$710
Lake Park, IA
$772
Difference
$62.04
more

🏠Rent Comparison

Studio
From$870
To$890
↑ $20.00
1 Bed
From$880
To$900
↑ $20.00
2 Bed
From$1,150
To$1,180
↑ $30.00
3 Bed
From$1,380
To$1,420
↑ $40.00
Pandora, OHZIP-level data

1BR range: $880–$880/mo

Lake Park, IAZIP-level data

1BR range: $900–$900/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Pandora, OH
$7,014
Monthly in Lake Park, IA
$486
Difference

Home Values

Pandora
Lake Park
$224K
Median Value
$233K
↑ +6.6%
YoY Change
↑ +0.6%
↑ +46.6%
5-Year Change
↑ +25.2%

Homes in Lake Park are 4% more expensive than Pandora

Calculate payment - PandoraCalculate payment - Lake Park

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $6.3K
More taxes
Monthly Difference
$523
Less take-home
Effective Rate Diff
4.2%
Rate difference

Pandora, OH

Federal Income Tax
Effective: 18.9%
$25.5K
Ohio State Tax
Effective: 3.0%
$4.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.6%
$41.4K
Take-Home Pay
$9,047/month
$108.6K

Lake Park, IA

Federal Income Tax
Effective: 18.9%
$25.5K
Iowa State Tax
Effective: 7.1%
$10.7K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.8%
$47.7K
Take-Home Pay
$8,524/month
$102.3K

Additional Tax Information

Pandora, OH Tax Rates

Sales Tax:7.2%
Property Tax:1.6%

Lake Park, IA Tax Rates

Sales Tax:7.4%
Property Tax:1.5%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Pandora
Lake Park
45 Good
Air Quality
42 Good
62.6%
Good Air Days
66.4%
91 Moderate
Climate Risk
98 High
🌊🌪💨
Top Hazards
🌊🌡🌪
▲+3.1°F
2050 Outlook
▲+3.6°F
17 days
Heat Days >95°F
14 days
▲+3.1°F
2050 Outlook
▲+3.6°F
17 days
Heat Days >95°F
14 days

Before moving from Pandora, OH to Lake Park, IA

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Lake Park, IA for the same bedroom count and included utilities as your home in Pandora, OH. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Pandora to Lake Park moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Lake Park, IA by cost, housing, population and region.

Frequently Asked Questions: Pandora, OH vs Lake Park, IA

How do the cost estimates for Pandora, OH and Lake Park, IA compare?

Lake Park, IA has a modeled overall cost index 8.7% lower than Pandora, OH. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Pandora, OH, the model estimates $144,174 in Lake Park, IA. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Pandora, OH and Lake Park, IA?

The modeled two-bedroom rents are $1,150/month in Pandora, OH and $1,180/month in Lake Park, IA. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Ohio and Iowa on TaxTakeHome.com

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