Havelock, IA vs Stanhope, IA

Havelock is moderately more affordable than Stanhope, with a 11.8% lower cost of living index. Havelock scores 51 compared to 58 for Stanhope, where the US average is 100. This difference means residents of Stanhope can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Havelock is $563/month compared to $564/month in Stanhope — a 0% difference. Home values follow the same pattern: Havelock is more affordable at $23,800 median vs $106,400.

Median household income in Havelock is $61,875 compared to $64,479 in Stanhope (-4%). Stanhope does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Havelock spend roughly 10.9% of their income on rent, more than the 10.5% in Stanhope.

Climate-wise, both cities share similar average temperatures (46.8°F vs 48.6°F). Stanhope receives more rainfall at 35.9" per year compared to 26.8" in Havelock.