Moulton, IA vs New Providence, IA

Moulton, IA and New Providence, IA have a very similar cost of living, with only a 1% difference in their overall index. Moulton scores 56 while New Providence scores 56 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 Moulton is $654/month compared to $589/month in New Providence — a 11% difference. Interestingly, home values tell a different story: while New Providence has cheaper rent, Moulton actually has lower median home values ($51,300 vs $80,000).

Median household income in Moulton is $56,806 compared to $83,250 in New Providence (-31.8%). While New Providence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Moulton spend roughly 13.8% of their income on rent, more than the 8.5% in New Providence.

Climate-wise, Moulton is notably warmer with an average of 50.7°F compared to 47.7°F in New Providence. Moulton receives more rainfall at 37" per year compared to 32.8" in New Providence.