Dunlap, IA vs New Hampton, IA

Dunlap, IA and New Hampton, IA have a very similar cost of living, with only a 0.2% difference in their overall index. Dunlap scores 70 while New Hampton scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Dunlap is $934/month compared to $838/month in New Hampton — a 12% difference. Interestingly, home values tell a different story: while New Hampton has cheaper rent, Dunlap actually has lower median home values ($115,600 vs $159,200).

Median household income in Dunlap is $54,609 compared to $61,491 in New Hampton (-11.2%). While New Hampton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dunlap spend roughly 20.5% of their income on rent, more than the 16.4% in New Hampton.