Keota, IA vs New London, IA
Keota, IA and New London, IA have a very similar cost of living, with only a 2.5% difference in their overall index. Keota scores 63 while New London scores 65 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 Keota is $757/month compared to $772/month in New London — a 2% difference. Home values follow the same pattern: Keota is more affordable at $100,300 median vs $118,900.
Median household income in Keota is $64,500 compared to $65,815 in New London (-2%). The higher salaries in New London partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Keota spend roughly 14.1% of their income on rent, less than the 14.1% in New London.
Climate-wise, both cities share similar average temperatures (51°F vs 51.9°F). New London receives more rainfall at 37.9" per year compared to 35.7" in Keota.
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Climate
NOAA 30-year normals (1991-2020)