Nevada, IA vs Newton, IA

Nevada, IA and Newton, IA have a very similar cost of living, with only a 4.9% difference in their overall index. Nevada scores 73 while Newton scores 70 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 Nevada is $884/month compared to $828/month in Newton — a 7% difference. Home values follow the same pattern: Newton is more affordable at $151,600 median vs $177,800.

Median household income in Nevada is $75,221 compared to $56,321 in Newton (+33.6%). While Nevada is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Nevada spend roughly 14.1% of their income on rent, less than the 17.6% in Newton.

Climate-wise, both cities share similar average temperatures (48.6°F vs 49.5°F). Newton receives more rainfall at 36.6" per year compared to 35.9" in Nevada.