Haverhill, IA vs New Albin, IA

The cost of living difference between Haverhill, IA and New Albin, IA is dramatic. New Albin is 53.8% cheaper than Haverhill, a gap that translates to thousands of dollars per year in household expenses. Haverhill has a cost index of 81 while New Albin sits at 53, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Haverhill are $116,500 compared to $130,600 in New Albin, a 11% gap.

Median household income in Haverhill is $59,583 compared to $58,936 in New Albin (+1.1%). Haverhill does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Climate-wise, both cities share similar average temperatures (47.7°F vs 48.8°F). New Albin receives more rainfall at 35.2" per year compared to 32.8" in Haverhill.