Iowa Park, TX vs Newton, TX

Iowa Park, TX and Newton, TX have a very similar cost of living, with only a 2.2% difference in their overall index. Iowa Park scores 70 while Newton scores 72 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 Iowa Park is $945/month compared to $1,005/month in Newton — a 6% difference. Interestingly, home values tell a different story: while Iowa Park has cheaper rent, Newton actually has lower median home values ($95,800 vs $121,800).

Median household income in Iowa Park is $64,340 compared to $51,563 in Newton (+24.8%). Iowa Park offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Iowa Park spend roughly 17.6% of their income on rent, less than the 23.4% in Newton.

Climate-wise, both cities share similar average temperatures (63.7°F vs 66.5°F). Newton receives more rainfall at 57.3" per year compared to 27.9" in Iowa Park.