Knoxville, IA vs Newton, IA
Knoxville, IA and Newton, IA have a very similar cost of living, with only a 2.2% difference in their overall index. Knoxville scores 68 while Newton scores 70 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 Knoxville is $810/month compared to $828/month in Newton — a 2% difference. Home values follow the same pattern: Knoxville is more affordable at $147,600 median vs $151,600.
Median household income in Knoxville is $70,136 compared to $56,321 in Newton (+24.5%). Knoxville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Knoxville spend roughly 13.9% of their income on rent, less than the 17.6% in Newton.
Climate-wise, both cities share similar average temperatures (49.5°F vs 49.5°F). Newton receives more rainfall at 36.6" per year compared to 36.6" in Knoxville.
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