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Cincinnati, IA vs Hopkinton, IA

60
Cincinnati
Iowa
VS
+7.8%
56
Hopkinton
Iowa

Hopkinton is moderately more affordable than Cincinnati, with a 7.8% lower cost of living index. Cincinnati scores 60 compared to 56 for Hopkinton, where the US average is 100. This difference means residents of Cincinnati can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cincinnati is $817/month compared to $505/month in Hopkinton — a 62% difference. Interestingly, home values tell a different story: while Hopkinton has cheaper rent, Cincinnati actually has lower median home values ($42,500 vs $108,900).

Median household income in Cincinnati is $43,750 compared to $80,536 in Hopkinton (-45.7%). Hopkinton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cincinnati spend roughly 22.4% of their income on rent, more than the 7.5% in Hopkinton.

Income & Cost

Cost of Living Index
Cincinnati
60
Hopkinton
56
7% cheaper
Median Household Income
Cincinnati
$43,750
Hopkinton
$80,536
46% higher

Housing

Median Rent
Cincinnati
$817
Hopkinton
$505
38% cheaper
Median Home Value
Cincinnati
$42,500
61% cheaper
Hopkinton
$108,900
Population
Cincinnati
201
Hopkinton
586

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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