Garnavillo, IA vs New London, IA

New London is moderately more affordable than Garnavillo, with a 6.7% lower cost of living index. Garnavillo scores 69 compared to 65 for New London, where the US average is 100. This difference means residents of Garnavillo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Garnavillo is $920/month compared to $772/month in New London — a 19% difference. Interestingly, home values tell a different story: while New London has cheaper rent, Garnavillo actually has lower median home values ($117,200 vs $118,900).

Median household income in Garnavillo is $81,250 compared to $65,815 in New London (+23.5%). While Garnavillo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Garnavillo spend roughly 13.6% of their income on rent, less than the 14.1% in New London.