Hampton, IA vs Slater, IA

There is a significant gap in the cost of living between these two cities. Hampton is 23.6% cheaper than Slater. With a cost index of 59 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hampton to Slater should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hampton is $649/month compared to $877/month in Slater — a 26% difference. Home values follow the same pattern: Hampton is more affordable at $91,900 median vs $222,000.

Median household income in Hampton is $48,922 compared to $87,708 in Slater (-44.2%). While Slater 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, more than the 12% in Slater.

Climate-wise, Slater is notably warmer with an average of 48.6°F compared to 45.6°F in Hampton. Hampton receives more rainfall at 36.3" per year compared to 35.9" in Slater.