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Maxwell, IA vs Northwood, IA

63
Maxwell
Iowa
VS
+6.3%
60
Northwood
Iowa

Northwood is moderately more affordable than Maxwell, with a 6.3% lower cost of living index. Maxwell scores 63 compared to 60 for Northwood, where the US average is 100. This difference means residents of Maxwell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Maxwell is $625/month compared to $583/month in Northwood — a 7% difference. Home values follow the same pattern: Northwood is more affordable at $124,800 median vs $147,300.

Median household income in Maxwell is $85,789 compared to $64,615 in Northwood (+32.8%). While Maxwell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Maxwell spend roughly 8.7% of their income on rent, less than the 10.8% in Northwood.

Climate-wise, Maxwell is notably warmer with an average of 48.6°F compared to 45.6°F in Northwood. Northwood receives more rainfall at 36.3" per year compared to 35.9" in Maxwell.

Income & Cost

Cost of Living Index
Maxwell
63
Northwood
60
6% cheaper
Median Household Income
Maxwell
$85,789
25% higher
Northwood
$64,615

Housing

Median Rent
Maxwell
$625
Northwood
$583
7% cheaper
Median Home Value
Maxwell
$147,300
Northwood
$124,800
15% cheaper
Population
Maxwell
789
Northwood
2,170

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Maxwell 48.6°F
Northwood 45.6°F
Summer High
Maxwell 84°F
Northwood 83°F
Winter Low
Maxwell 11°F
Northwood 7°F
Rainfall
Maxwell 35.9"
Northwood 36.3"
Rainy Days
Maxwell 112d
Northwood 116d