Carroll, IA vs Hampton, IA

There is a significant gap in the cost of living between these two cities. Hampton is 16.4% cheaper than Carroll. With a cost index of 59 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hampton to Carroll should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carroll is $718/month compared to $649/month in Hampton — a 11% difference. Home values follow the same pattern: Hampton is more affordable at $91,900 median vs $184,100.

Median household income in Carroll is $59,323 compared to $48,922 in Hampton (+21.3%). While Carroll is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carroll spend roughly 14.5% of their income on rent, less than the 15.9% in Hampton.