Maquoketa, IA vs New London, IA

Maquoketa, IA and New London, IA have a very similar cost of living, with only a 0.3% difference in their overall index. Maquoketa scores 65 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 Maquoketa is $745/month compared to $772/month in New London — a 4% difference. Interestingly, home values tell a different story: while Maquoketa has cheaper rent, New London actually has lower median home values ($118,900 vs $126,800).

Median household income in Maquoketa is $56,039 compared to $65,815 in New London (-14.9%). While New London is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Maquoketa spend roughly 16% 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 47.2°F in Maquoketa. Maquoketa receives more rainfall at 38.2" per year compared to 37.9" in New London.