Hopkinton, IA vs Parkersburg, IA
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.
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