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Garner, IA vs New Sharon, IA

69
Garner
Iowa
VS
+16.8%
59
New Sharon
Iowa

There is a significant gap in the cost of living between these two cities. New Sharon is 16.8% cheaper than Garner. With a cost index of 59 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Sharon to Garner should plan for substantially higher expenses across most categories.

On the housing front, median rent in Garner is $791/month compared to $564/month in New Sharon — a 40% difference. Home values follow the same pattern: New Sharon is more affordable at $125,000 median vs $162,100.

Median household income in Garner is $68,964 compared to $60,000 in New Sharon (+14.9%). The higher salaries in Garner partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Garner spend roughly 13.8% of their income on rent, more than the 11.3% in New Sharon.

Income & Cost

Cost of Living Index
Garner
69
New Sharon
59
14% cheaper
Median Household Income
Garner
$68,964
13% higher
New Sharon
$60,000

Housing

Median Rent
Garner
$791
New Sharon
$564
29% cheaper
Median Home Value
Garner
$162,100
New Sharon
$125,000
23% cheaper
Population
Garner
3,062
New Sharon
1,147

Salary Equivalency Calculator

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