Stanhope, IA vs Wallingford, IA

There is a significant gap in the cost of living between these two cities. Stanhope is 25.9% cheaper than Wallingford. With a cost index of 58 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Stanhope to Wallingford should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Stanhope are $106,400 compared to $73,300 in Wallingford, a 45% gap.

Median household income in Stanhope is $64,479 compared to $69,167 in Wallingford (-6.8%). Wallingford does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Climate-wise, Stanhope is notably warmer with an average of 48.6°F compared to 44.6°F in Wallingford. Stanhope receives more rainfall at 35.9" per year compared to 29.3" in Wallingford.