Kanawha, IA vs New London, IA
There is a significant gap in the cost of living between these two cities. Kanawha is 16.5% cheaper than New London. With a cost index of 54 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kanawha to New London should plan for substantially higher expenses across most categories.
On the housing front, median rent in Kanawha is $525/month compared to $772/month in New London — a 32% difference. Home values follow the same pattern: Kanawha is more affordable at $79,900 median vs $118,900.
Median household income in Kanawha is $66,481 compared to $65,815 in New London (+1%). Kanawha offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Kanawha spend roughly 9.5% of their income on rent, less than the 14.1% in New London.
Climate-wise, New London is notably warmer with an average of 51.9°F compared to 45.6°F in Kanawha. New London receives more rainfall at 37.9" per year compared to 36.3" in Kanawha.
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Climate
NOAA 30-year normals (1991-2020)