Casey, IA vs New Sharon, IA
New Sharon is moderately more affordable than Casey, with a 10.6% lower cost of living index. Casey scores 65 compared to 59 for New Sharon, where the US average is 100. This difference means residents of Casey can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Casey is $844/month compared to $564/month in New Sharon — a 50% difference. Interestingly, home values tell a different story: while New Sharon has cheaper rent, Casey actually has lower median home values ($90,000 vs $125,000).
Median household income in Casey is $51,250 compared to $60,000 in New Sharon (-14.6%). New Sharon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Casey spend roughly 19.8% of their income on rent, more than the 11.3% in New Sharon.
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