Newton, IA vs Sheldon, IA

Newton, IA and Sheldon, IA have a very similar cost of living, with only a 2.2% difference in their overall index. Newton scores 70 while Sheldon scores 72 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Newton is $828/month compared to $842/month in Sheldon — a 2% difference. Home values follow the same pattern: Newton is more affordable at $151,600 median vs $173,600.

Median household income in Newton is $56,321 compared to $68,448 in Sheldon (-17.7%). While Sheldon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newton spend roughly 17.6% of their income on rent, more than the 14.8% in Sheldon.

Climate-wise, both cities share similar average temperatures (49.5°F vs 46.8°F). Newton receives more rainfall at 36.6" per year compared to 26.8" in Sheldon.