Boxholm, IA vs New Virginia, IA

The cost of living difference between Boxholm, IA and New Virginia, IA is dramatic. Boxholm is 30.8% cheaper than New Virginia, a gap that translates to thousands of dollars per year in household expenses. Boxholm has a cost index of 54 while New Virginia sits at 78, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Boxholm is $533/month compared to $1,054/month in New Virginia — a 49% difference. Home values follow the same pattern: Boxholm is more affordable at $72,700 median vs $168,100.

Median household income in Boxholm is $50,313 compared to $75,875 in New Virginia (-33.7%). While New Virginia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boxholm spend roughly 12.7% of their income on rent, less than the 16.7% in New Virginia.