Lowden, IA vs New London, IA

Lowden, IA and New London, IA have a very similar cost of living, with only a 4.3% difference in their overall index. Lowden scores 68 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 Lowden is $886/month compared to $772/month in New London — a 15% difference. Interestingly, home values tell a different story: while New London has cheaper rent, Lowden actually has lower median home values ($111,000 vs $118,900).

Median household income in Lowden is $54,773 compared to $65,815 in New London (-16.8%). New London offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lowden spend roughly 19.4% of their income on rent, more than the 14.1% in New London.

Climate-wise, both cities share similar average temperatures (49.9°F vs 51.9°F). New London receives more rainfall at 37.9" per year compared to 36.2" in Lowden.