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Newton, IA vs Red Oak, IA

70
Newton
Iowa
VS
+10.8%
63
Red Oak
Iowa

Red Oak is moderately more affordable than Newton, with a 10.8% lower cost of living index. Newton scores 70 compared to 63 for Red Oak, where the US average is 100. This difference means residents of Newton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newton is $828/month compared to $768/month in Red Oak — a 8% difference. Home values follow the same pattern: Red Oak is more affordable at $91,600 median vs $151,600.

Median household income in Newton is $56,321 compared to $52,996 in Red Oak (+6.3%). The higher salaries in Newton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Newton spend roughly 17.6% of their income on rent, more than the 17.4% in Red Oak.

Climate-wise, both cities share similar average temperatures (49.5°F vs 52.4°F). Newton receives more rainfall at 36.6" per year compared to 31.9" in Red Oak.

Income & Cost

Cost of Living Index
Newton
70
Red Oak
63
10% cheaper
Median Household Income
Newton
$56,321
6% higher
Red Oak
$52,996

Housing

Median Rent
Newton
$828
Red Oak
$768
7% cheaper
Median Home Value
Newton
$151,600
Red Oak
$91,600
40% cheaper
Population
Newton
15,696
Red Oak
5,542

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newton $2.96
Red Oak $2.96
US $3.07
🥚
Eggs (grade A, large)
Newton $2.42
Red Oak $2.41
US $2.50
🥛
Milk (whole)
Newton $3.89
Red Oak $3.89
US $4.03
🍞
Bread (white)
Newton $1.79
Red Oak $1.79
US $1.85
🍗
Chicken breast
Newton $4.00
Red Oak $4.00
US $4.14
Electricity
Newton $0.17
Red Oak $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Newton 49.5°F
Red Oak 52.4°F
Summer High
Newton 84°F
Red Oak 88°F
Winter Low
Newton 13°F
Red Oak 15°F
Rainfall
Newton 36.6"
Red Oak 31.9"
Rainy Days
Newton 115d
Red Oak 103d