Hopkinton, IA vs Mount Ayr, IA

Hopkinton is moderately more affordable than Mount Ayr, with a 13.9% lower cost of living index. Hopkinton scores 56 compared to 65 for Mount Ayr, where the US average is 100. This difference means residents of Mount Ayr can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hopkinton is $505/month compared to $694/month in Mount Ayr — a 27% difference. Home values follow the same pattern: Hopkinton is more affordable at $108,900 median vs $144,500.

Median household income in Hopkinton is $80,536 compared to $68,676 in Mount Ayr (+17.3%). Hopkinton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hopkinton spend roughly 7.5% of their income on rent, less than the 12.1% in Mount Ayr.

Climate-wise, Mount Ayr is notably warmer with an average of 51.6°F compared to 47.2°F in Hopkinton. Hopkinton receives more rainfall at 38.2" per year compared to 37.4" in Mount Ayr.