Hubbard, IA vs Northwood, IA

Hubbard, IA and Northwood, IA have a very similar cost of living, with only a 1.2% difference in their overall index. Hubbard scores 59 while Northwood scores 60 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hubbard is $638/month compared to $583/month in Northwood — a 9% difference. Interestingly, home values tell a different story: while Northwood has cheaper rent, Hubbard actually has lower median home values ($96,100 vs $124,800).

Median household income in Hubbard is $68,690 compared to $64,615 in Northwood (+6.3%). Hubbard offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hubbard spend roughly 11.1% of their income on rent, more than the 10.8% in Northwood.

Climate-wise, both cities share similar average temperatures (47.7°F vs 45.6°F). Northwood receives more rainfall at 36.3" per year compared to 32.8" in Hubbard.