New Sharon, IA vs Spillville, IA
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.
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Climate
NOAA 30-year normals (1991-2020)