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Hancock, IA vs Sharpsburg, IA

65
Hancock
Iowa
VS
-19.1%
80
Sharpsburg
Iowa

There is a significant gap in the cost of living between these two cities. Hancock is 19.1% cheaper than Sharpsburg. With a cost index of 65 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hancock to Sharpsburg should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Hancock are $98,300 compared to $96,700 in Sharpsburg, a 2% gap.

Median household income in Hancock is $79,375 compared to $46,964 in Sharpsburg (+69%). Hancock offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (52.4°F vs 51.6°F). Sharpsburg receives more rainfall at 37.4" per year compared to 31.9" in Hancock.

Income & Cost

Cost of Living Index
Hancock
65
19% cheaper
Sharpsburg
80
Median Household Income
Hancock
$79,375
41% higher
Sharpsburg
$46,964

Housing

Median Rent
Hancock
$794
Sharpsburg
Median Home Value
Hancock
$98,300
Sharpsburg
$96,700
2% cheaper
Population
Hancock
232
Sharpsburg
79

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hancock $2.96
Sharpsburg
US $3.07
🥚
Eggs (grade A, large)
Hancock $2.41
Sharpsburg
US $2.50
🥛
Milk (whole)
Hancock $3.89
Sharpsburg
US $4.03
🍞
Bread (white)
Hancock $1.79
Sharpsburg
US $1.85
🍗
Chicken breast
Hancock $4.00
Sharpsburg
US $4.14
Electricity
Hancock $0.15
Sharpsburg
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hancock 52.4°F
Sharpsburg 51.6°F
Summer High
Hancock 88°F
Sharpsburg 85°F
Winter Low
Hancock 15°F
Sharpsburg 16°F
Rainfall
Hancock 31.9"
Sharpsburg 37.4"
Rainy Days
Hancock 103d
Sharpsburg 109d