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Guernsey, IA vs New Liberty, IA

64
Guernsey
Iowa
VS
-23.6%
84
New Liberty
Iowa

There is a significant gap in the cost of living between these two cities. Guernsey is 23.6% cheaper than New Liberty. With a cost index of 64 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Guernsey to New Liberty should plan for substantially higher expenses across most categories.

On the housing front, median rent in Guernsey is $850/month compared to $1,375/month in New Liberty — a 38% difference. Home values follow the same pattern: Guernsey is more affordable at $76,000 median vs $129,500.

Median household income in Guernsey is $67,917 compared to $87,857 in New Liberty (-22.7%). The higher salaries in New Liberty partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Guernsey spend roughly 15% of their income on rent, less than the 18.8% in New Liberty.

Climate-wise, both cities share similar average temperatures (48.3°F vs 49.9°F). New Liberty receives more rainfall at 36.2" per year compared to 35.9" in Guernsey.

Income & Cost

Cost of Living Index
Guernsey
64
24% cheaper
New Liberty
84
Median Household Income
Guernsey
$67,917
New Liberty
$87,857
23% higher

Housing

Median Rent
Guernsey
$850
38% cheaper
New Liberty
$1,375
Median Home Value
Guernsey
$76,000
41% cheaper
New Liberty
$129,500
Population
Guernsey
54
New Liberty
154

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Guernsey
New Liberty $2.95
US $3.07
🥚
Eggs (grade A, large)
Guernsey
New Liberty $2.41
US $2.50
🥛
Milk (whole)
Guernsey
New Liberty $3.88
US $4.03
🍞
Bread (white)
Guernsey
New Liberty $1.78
US $1.85
🍗
Chicken breast
Guernsey
New Liberty $3.99
US $4.14
Electricity
Guernsey
New Liberty $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Guernsey 48.3°F
New Liberty 49.9°F
Summer High
Guernsey 83°F
New Liberty 84°F
Winter Low
Guernsey 11°F
New Liberty 14°F
Rainfall
Guernsey 35.9"
New Liberty 36.2"
Rainy Days
Guernsey 113d
New Liberty 124d