New Hampton, IA vs St. Ansgar, IA

New Hampton, IA and St. Ansgar, IA have a very similar cost of living, with only a 2.5% difference in their overall index. New Hampton scores 70 while St. Ansgar scores 72 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 New Hampton is $838/month compared to $940/month in St. Ansgar — a 11% difference. Interestingly, home values tell a different story: while New Hampton has cheaper rent, St. Ansgar actually has lower median home values ($143,800 vs $159,200).

Median household income in New Hampton is $61,491 compared to $75,208 in St. Ansgar (-18.2%). While St. Ansgar 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 15% in St. Ansgar.

Climate-wise, New Hampton is notably warmer with an average of 49°F compared to 45.6°F in St. Ansgar. St. Ansgar receives more rainfall at 36.3" per year compared to 36.3" in New Hampton.