Hamilton, IA vs Prescott, IA

The cost of living difference between Hamilton, IA and Prescott, IA is dramatic. Prescott is 48.8% cheaper than Hamilton, a gap that translates to thousands of dollars per year in household expenses. Hamilton has a cost index of 97 while Prescott sits at 65, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Median household income in Hamilton is $70,000 compared to $66,750 in Prescott (+4.9%). Hamilton does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Climate-wise, both cities share similar average temperatures (50.7°F vs 51.6°F). Prescott receives more rainfall at 37.4" per year compared to 37" in Hamilton.