Deloit, IA vs Newell, IA
Deloit is moderately more affordable than Newell, with a 5.8% lower cost of living index. Deloit scores 59 compared to 62 for Newell, where the US average is 100. This difference means residents of Newell can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Deloit is $700/month compared to $717/month in Newell — a 2% difference. Home values follow the same pattern: Deloit is more affordable at $68,800 median vs $106,300.
Median household income in Deloit is $37,917 compared to $66,406 in Newell (-42.9%). While Newell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Deloit spend roughly 22.2% of their income on rent, more than the 13% in Newell.
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