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New Sharon, IA vs Spillville, IA

59
New Sharon
Iowa
VS
-18.8%
73
Spillville
Iowa

There is a significant gap in the cost of living between these two cities. New Sharon is 18.8% cheaper than Spillville. With a cost index of 59 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Sharon to Spillville should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Sharon is $564/month compared to $929/month in Spillville — a 39% difference. Home values follow the same pattern: New Sharon is more affordable at $125,000 median vs $156,600.

Median household income in New Sharon is $60,000 compared to $42,750 in Spillville (+40.4%). New Sharon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Sharon spend roughly 11.3% of their income on rent, less than the 26.1% in Spillville.

Climate-wise, both cities share similar average temperatures (50.7°F vs 49°F). New Sharon receives more rainfall at 37" per year compared to 36.3" in Spillville.

Income & Cost

Cost of Living Index
New Sharon
59
19% cheaper
Spillville
73
Median Household Income
New Sharon
$60,000
29% higher
Spillville
$42,750

Housing

Median Rent
New Sharon
$564
39% cheaper
Spillville
$929
Median Home Value
New Sharon
$125,000
20% cheaper
Spillville
$156,600
Population
New Sharon
1,147
Spillville
409

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New Sharon 50.7°F
Spillville 49°F
Summer High
New Sharon 86°F
Spillville 85°F
Winter Low
New Sharon 14°F
Spillville 11°F
Rainfall
New Sharon 37"
Spillville 36.3"
Rainy Days
New Sharon 109d
Spillville 114d