Boxholm, IA vs Stanhope, IA

Boxholm is moderately more affordable than Stanhope, with a 6.1% lower cost of living index. Boxholm scores 54 compared to 58 for Stanhope, where the US average is 100. This difference means residents of Stanhope can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Boxholm is $533/month compared to $564/month in Stanhope — a 6% difference. Home values follow the same pattern: Boxholm is more affordable at $72,700 median vs $106,400.

Median household income in Boxholm is $50,313 compared to $64,479 in Stanhope (-22%). While Stanhope is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boxholm spend roughly 12.7% of their income on rent, more than the 10.5% in Stanhope.