Hancock, IA vs Stanton, IA

Hancock, IA and Stanton, IA have a very similar cost of living, with only a 2.3% difference in their overall index. Hancock scores 65 while Stanton scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hancock is $794/month compared to $766/month in Stanton — a 4% difference. Home values follow the same pattern: Stanton is more affordable at $97,400 median vs $98,300.

Median household income in Hancock is $79,375 compared to $80,938 in Stanton (-1.9%). Stanton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hancock spend roughly 12% of their income on rent, more than the 11.4% in Stanton.

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