New Providence is a small town of 224 in Iowa, with a median household income of $73,750
and a 5.7% unemployment rate.
Its cost of living index is 85 (US average = 100), which is
15% below the national average.
Strengths:
New Providence stands out for an affordable cost of living, below-average home prices.
Trade-offs:
Potential downsides include longer commutes, an elevated unemployment rate. Whether New Providence is right for you depends on your priorities — the full breakdown is below.
All New Providence city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 84.7
New Providence's overall cost of living index is 84.7,
where 100 represents the US national average.
Living in New Providence costs roughly 15% less than the average American city.
Metric
New Providence, IA
National Avg
Median Home Value
$76,500
$244,900
Median Monthly Rent
$589
$1,163
Homeownership Rate
73.9%
65.9%
Median Household Income
$73,750
$74,755
Crime & Safety
Near National Average
New Providence's violent crime rate is 552.1 per 100,000 residents
— 45% higher than the national average of ~380 per 100,000.
Violent Crime
552.1 /100k
Property Crime
1080.4 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
New Providence, IA
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
26.1%
35.4%
High School Diploma or Higher
96.2%
91.1%
Weather & Climate
New Providence sees average highs of 25.8°F in January
and 83.5°F in July,
with 34.6 inches of annual precipitation
and 39.1 inches of snow per year.
New Providence's cost of living index is 85, where 100 is the national average.
That makes New Providence roughly 15% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $76,500 and median rent is $589/month.
New Providence's violent crime rate is 552.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1080.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
New Providence, IA has a population of 224, a median household income of $73,750, and an unemployment rate of 5.7%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Providence averages 25.8°F in January and 83.5°F in July. Annual rainfall is 34.6 inches
with about 39.1 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Providence, IA is covered by 1 ZIP code: 50206.
The population of New Providence, Iowa is 224 with a median age of 33.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Providence: cost of living index 85 (100 = US average), median home $76,500, median household income $73,750, crime index 108 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare New Providence side by side with your current city to see the trade-offs.
