Millersburg, IA vs New Market, IA

Millersburg is moderately more affordable than New Market, with a 11.1% lower cost of living index. Millersburg scores 57 compared to 64 for New Market, where the US average is 100. This difference means residents of New Market can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Millersburg is $550/month compared to $827/month in New Market — a 34% difference. Interestingly, home values tell a different story: while Millersburg has cheaper rent, New Market actually has lower median home values ($92,000 vs $107,100).

Median household income in Millersburg is $75,357 compared to $58,125 in New Market (+29.6%). Millersburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Millersburg spend roughly 8.8% of their income on rent, less than the 17.1% in New Market.

Climate-wise, New Market is notably warmer with an average of 51.6°F compared to 48.3°F in Millersburg. New Market receives more rainfall at 37.4" per year compared to 35.9" in Millersburg.