Hampton, IA vs Waverly, IA

There is a significant gap in the cost of living between these two cities. Hampton is 22.3% cheaper than Waverly. With a cost index of 59 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hampton to Waverly should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hampton is $649/month compared to $909/month in Waverly — a 29% difference. Home values follow the same pattern: Hampton is more affordable at $91,900 median vs $215,200.

Median household income in Hampton is $48,922 compared to $78,429 in Waverly (-37.6%). While Waverly 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 13.9% in Waverly.

Climate-wise, Waverly is notably warmer with an average of 49°F compared to 45.6°F in Hampton. Waverly receives more rainfall at 36.3" per year compared to 36.3" in Hampton.