Marengo, IA vs Newhall, IA
Marengo, IA and Newhall, IA have a very similar cost of living, with only a 2.9% difference in their overall index. Marengo scores 63 while Newhall 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 Marengo is $722/month compared to $628/month in Newhall — a 15% difference. Interestingly, home values tell a different story: while Newhall has cheaper rent, Marengo actually has lower median home values ($114,100 vs $171,500).
Median household income in Marengo is $58,125 compared to $68,295 in Newhall (-14.9%). While Newhall is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Marengo spend roughly 14.9% of their income on rent, more than the 11% in Newhall.
Climate-wise, both cities share similar average temperatures (48.3°F vs 48.3°F). Newhall receives more rainfall at 35.9" per year compared to 35.9" in Marengo.
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Everyday Prices
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Climate
NOAA 30-year normals (1991-2020)