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Hancock, IA vs Wiota, IA

65
Hancock
Iowa
VS
-20.4%
81
Wiota
Iowa

There is a significant gap in the cost of living between these two cities. Hancock is 20.4% cheaper than Wiota. With a cost index of 65 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hancock to Wiota should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Hancock are $98,300 compared to $112,500 in Wiota, a 13% gap.

Median household income in Hancock is $79,375 compared to $76,042 in Wiota (+4.4%). 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 52.4°F). Wiota receives more rainfall at 31.9" per year compared to 31.9" in Hancock.

Income & Cost

Cost of Living Index
Hancock
65
20% cheaper
Wiota
81
Median Household Income
Hancock
$79,375
4% higher
Wiota
$76,042

Housing

Median Rent
Hancock
$794
Wiota
Median Home Value
Hancock
$98,300
13% cheaper
Wiota
$112,500
Population
Hancock
232
Wiota
82

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hancock 52.4°F
Wiota 52.4°F
Summer High
Hancock 88°F
Wiota 88°F
Winter Low
Hancock 15°F
Wiota 15°F
Rainfall
Hancock 31.9"
Wiota 31.9"
Rainy Days
Hancock 103d
Wiota 103d