New Hampton, IA vs Springville, IA
New Hampton is moderately more affordable than Springville, with a 7.8% lower cost of living index. New Hampton scores 70 compared to 76 for Springville, where the US average is 100. This difference means residents of Springville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in New Hampton is $838/month compared to $1,000/month in Springville — a 16% difference. Home values follow the same pattern: New Hampton is more affordable at $159,200 median vs $175,900.
Median household income in New Hampton is $61,491 compared to $96,250 in Springville (-36.1%). While Springville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Hampton spend roughly 16.4% of their income on rent, more than the 12.5% in Springville.
Climate-wise, both cities share similar average temperatures (49°F vs 48.3°F). New Hampton receives more rainfall at 36.3" per year compared to 35.9" in Springville.
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