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Hopkinton, IA vs Parkersburg, IA

56
Hopkinton
Iowa
VS
-18.3%
68
Parkersburg
Iowa

There is a significant gap in the cost of living between these two cities. Hopkinton is 18.3% cheaper than Parkersburg. With a cost index of 56 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hopkinton to Parkersburg should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hopkinton is $505/month compared to $695/month in Parkersburg — a 27% difference. Home values follow the same pattern: Hopkinton is more affordable at $108,900 median vs $200,000.

Median household income in Hopkinton is $80,536 compared to $73,482 in Parkersburg (+9.6%). 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 11.3% in Parkersburg.

Climate-wise, both cities share similar average temperatures (47.2°F vs 49°F). Hopkinton receives more rainfall at 38.2" per year compared to 36.3" in Parkersburg.

Income & Cost

Cost of Living Index
Hopkinton
56
18% cheaper
Parkersburg
68
Median Household Income
Hopkinton
$80,536
9% higher
Parkersburg
$73,482

Housing

Median Rent
Hopkinton
$505
27% cheaper
Parkersburg
$695
Median Home Value
Hopkinton
$108,900
46% cheaper
Parkersburg
$200,000
Population
Hopkinton
586
Parkersburg
1,747

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hopkinton $2.96
Parkersburg $2.96
US $3.07
🥚
Eggs (grade A, large)
Hopkinton $2.42
Parkersburg $2.42
US $2.50
🥛
Milk (whole)
Hopkinton $3.89
Parkersburg $3.89
US $4.03
🍞
Bread (white)
Hopkinton $1.79
Parkersburg $1.79
US $1.85
🍗
Chicken breast
Hopkinton $4.00
Parkersburg $4.00
US $4.14
Electricity
Hopkinton $0.17
Parkersburg $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hopkinton 47.2°F
Parkersburg 49°F
Summer High
Hopkinton 82°F
Parkersburg 85°F
Winter Low
Hopkinton 11°F
Parkersburg 11°F
Rainfall
Hopkinton 38.2"
Parkersburg 36.3"
Rainy Days
Hopkinton 118d
Parkersburg 114d