Belmond, IA vs Newell, IA

Newell is moderately more affordable than Belmond, with a 5.6% lower cost of living index. Belmond scores 66 compared to 62 for Newell, where the US average is 100. This difference means residents of Belmond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Belmond is $820/month compared to $717/month in Newell — a 14% difference. Home values follow the same pattern: Newell is more affordable at $106,300 median vs $110,800.

Median household income in Belmond is $58,750 compared to $66,406 in Newell (-11.5%). Newell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Belmond spend roughly 16.7% of their income on rent, more than the 13% in Newell.