New Market, IA vs Webster, IA

New Market, IA and Webster, IA have a very similar cost of living, with only a 0.1% difference in their overall index. New Market scores 64 while Webster scores 64 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 Market is $827/month compared to $850/month in Webster — a 3% difference. Interestingly, home values tell a different story: while New Market has cheaper rent, Webster actually has lower median home values ($83,000 vs $92,000).

Median household income in New Market is $58,125 compared to $34,423 in Webster (+68.9%). While New Market 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 Market spend roughly 17.1% of their income on rent, less than the 29.6% in Webster.

Climate-wise, both cities share similar average temperatures (51.6°F vs 50.7°F). New Market receives more rainfall at 37.4" per year compared to 37" in Webster.