Corning, IA vs Hampton, IA

Corning, IA and Hampton, IA have a very similar cost of living, with only a 4.2% difference in their overall index. Corning scores 62 while Hampton scores 59 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 Corning is $750/month compared to $649/month in Hampton — a 16% difference. Interestingly, home values tell a different story: while Hampton has cheaper rent, Corning actually has lower median home values ($84,700 vs $91,900).

Median household income in Corning is $60,446 compared to $48,922 in Hampton (+23.6%). While Corning is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Corning spend roughly 14.9% of their income on rent, less than the 15.9% in Hampton.