Adel, IA vs New London, IA
There is a significant gap in the cost of living between these two cities. New London is 29.7% cheaper than Adel. With a cost index of 65 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New London to Adel should plan for substantially higher expenses across most categories.
On the housing front, median rent in Adel is $842/month compared to $772/month in New London — a 9% difference. Home values follow the same pattern: New London is more affordable at $118,900 median vs $320,500.
Median household income in Adel is $96,905 compared to $65,815 in New London (+47.2%). While Adel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Adel spend roughly 10.4% of their income on rent, less than the 14.1% in New London.
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