Holiday Lake, IA vs Newell, IA

The cost of living difference between Holiday Lake, IA and Newell, IA is dramatic. Newell is 49.3% cheaper than Holiday Lake, a gap that translates to thousands of dollars per year in household expenses. Holiday Lake has a cost index of 93 while Newell sits at 62, 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 Holiday Lake are $257,800 compared to $106,300 in Newell, a 143% gap.

Median household income in Holiday Lake is $76,863 compared to $66,406 in Newell (+15.7%). Holiday Lake 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 46.8°F). Holiday Lake receives more rainfall at 32.8" per year compared to 26.8" in Newell.