New Sharon, IA vs Wilton, IA

There is a significant gap in the cost of living between these two cities. New Sharon is 15.8% cheaper than Wilton. With a cost index of 59 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Sharon to Wilton should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Sharon is $564/month compared to $829/month in Wilton — a 32% difference. Home values follow the same pattern: New Sharon is more affordable at $125,000 median vs $162,000.

Median household income in New Sharon is $60,000 compared to $71,898 in Wilton (-16.5%). While Wilton 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 Sharon spend roughly 11.3% of their income on rent, less than the 13.8% in Wilton.

Climate-wise, both cities share similar average temperatures (50.7°F vs 49.9°F). New Sharon receives more rainfall at 37" per year compared to 36.2" in Wilton.