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Keystone, IA vs New London, IA

73
Keystone
Iowa
VS
+12.6%
65
New London
Iowa

New London is moderately more affordable than Keystone, with a 12.6% lower cost of living index. Keystone scores 73 compared to 65 for New London, where the US average is 100. This difference means residents of Keystone can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Keystone is $992/month compared to $772/month in New London — a 29% difference. Home values follow the same pattern: New London is more affordable at $118,900 median vs $141,100.

Median household income in Keystone is $68,750 compared to $65,815 in New London (+4.5%). Keystone does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Keystone spend roughly 17.3% of their income on rent, more than the 14.1% in New London.

Climate-wise, New London is notably warmer with an average of 51.9°F compared to 48.3°F in Keystone. New London receives more rainfall at 37.9" per year compared to 35.9" in Keystone.

Income & Cost

Cost of Living Index
Keystone
73
New London
65
11% cheaper
Median Household Income
Keystone
$68,750
4% higher
New London
$65,815

Housing

Median Rent
Keystone
$992
New London
$772
22% cheaper
Median Home Value
Keystone
$141,100
New London
$118,900
16% cheaper
Population
Keystone
825
New London
2,402

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Keystone $2.96
New London
US $3.07
🥚
Eggs (grade A, large)
Keystone $2.42
New London
US $2.50
🥛
Milk (whole)
Keystone $3.89
New London
US $4.03
🍞
Bread (white)
Keystone $1.79
New London
US $1.85
🍗
Chicken breast
Keystone $4.00
New London
US $4.14
Electricity
Keystone $0.17
New London
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Keystone 48.3°F
New London 51.9°F
Summer High
Keystone 83°F
New London 85°F
Winter Low
Keystone 11°F
New London 16°F
Rainfall
Keystone 35.9"
New London 37.9"
Rainy Days
Keystone 113d
New London 114d