Miles, IA vs New Sharon, IA

New Sharon is moderately more affordable than Miles, with a 8.7% lower cost of living index. Miles scores 64 compared to 59 for New Sharon, where the US average is 100. This difference means residents of Miles can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Miles is $731/month compared to $564/month in New Sharon — a 30% difference. Home values follow the same pattern: New Sharon is more affordable at $125,000 median vs $125,900.

Median household income in Miles is $67,750 compared to $60,000 in New Sharon (+12.9%). While Miles is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Miles spend roughly 12.9% of their income on rent, more than the 11.3% in New Sharon.

Climate-wise, New Sharon is notably warmer with an average of 50.7°F compared to 47.2°F in Miles. Miles receives more rainfall at 38.2" per year compared to 37" in New Sharon.