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Newell, IA vs Templeton, IA

62
Newell
Iowa
VS
-5.5%
66
Templeton
Iowa

Newell is moderately more affordable than Templeton, with a 5.5% lower cost of living index. Newell scores 62 compared to 66 for Templeton, where the US average is 100. This difference means residents of Templeton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newell is $717/month compared to $693/month in Templeton — a 4% difference. Interestingly, home values tell a different story: while Templeton has cheaper rent, Newell actually has lower median home values ($106,300 vs $159,000).

Median household income in Newell is $66,406 compared to $72,813 in Templeton (-8.8%). While Templeton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newell spend roughly 13% of their income on rent, more than the 11.4% in Templeton.

Climate-wise, Templeton is notably warmer with an average of 50.1°F compared to 46.8°F in Newell. Templeton receives more rainfall at 28.3" per year compared to 26.8" in Newell.

Income & Cost

Cost of Living Index
Newell
62
5% cheaper
Templeton
66
Median Household Income
Newell
$66,406
Templeton
$72,813
9% higher

Housing

Median Rent
Newell
$717
Templeton
$693
3% cheaper
Median Home Value
Newell
$106,300
33% cheaper
Templeton
$159,000
Population
Newell
924
Templeton
314

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Newell 46.8°F
Templeton 50.1°F
Summer High
Newell 85°F
Templeton 87°F
Winter Low
Newell 8°F
Templeton 12°F
Rainfall
Newell 26.8"
Templeton 28.3"
Rainy Days
Newell 97d
Templeton 104d