Hampton, IA vs Monona, IA
There is a significant gap in the cost of living between these two cities. Hampton is 18.5% cheaper than Monona. With a cost index of 59 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hampton to Monona should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hampton is $649/month compared to $1,000/month in Monona — a 35% difference. Home values follow the same pattern: Hampton is more affordable at $91,900 median vs $125,900.
Median household income in Hampton is $48,922 compared to $70,509 in Monona (-30.6%). While Monona is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hampton spend roughly 15.9% of their income on rent, less than the 17% in Monona.
Climate-wise, both cities share similar average temperatures (45.6°F vs 48.1°F). Hampton receives more rainfall at 36.3" per year compared to 33.9" in Monona.
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Housing
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Climate
NOAA 30-year normals (1991-2020)