New Hampton, IA vs Walford, IA

There is a significant gap in the cost of living between these two cities. New Hampton is 25.2% cheaper than Walford. With a cost index of 70 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Hampton to Walford should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in New Hampton are $159,200 compared to $274,500 in Walford, a 42% gap.

Median household income in New Hampton is $61,491 compared to $116,477 in Walford (-47.2%). While Walford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

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 Walford.