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Conrad, IA vs New Market, IA

72
Conrad
Iowa
VS
+12.1%
64
New Market
Iowa

New Market is moderately more affordable than Conrad, with a 12.1% lower cost of living index. Conrad scores 72 compared to 64 for New Market, where the US average is 100. This difference means residents of Conrad can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Conrad is $944/month compared to $827/month in New Market — a 14% difference. Home values follow the same pattern: New Market is more affordable at $92,000 median vs $156,100.

Median household income in Conrad is $73,844 compared to $58,125 in New Market (+27%). While Conrad is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Conrad spend roughly 15.3% of their income on rent, less than the 17.1% in New Market.

Income & Cost

Cost of Living Index
Conrad
72
New Market
64
11% cheaper
Median Household Income
Conrad
$73,844
21% higher
New Market
$58,125

Housing

Median Rent
Conrad
$944
New Market
$827
12% cheaper
Median Home Value
Conrad
$156,100
New Market
$92,000
41% cheaper
Population
Conrad
1,170
New Market
407

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Conrad $2.96
New Market
US $3.07
🥚
Eggs (grade A, large)
Conrad $2.42
New Market
US $2.50
🥛
Milk (whole)
Conrad $3.89
New Market
US $4.03
🍞
Bread (white)
Conrad $1.79
New Market
US $1.85
🍗
Chicken breast
Conrad $4.00
New Market
US $4.14
Electricity
Conrad $0.17
New Market
US $0.19