Cost of Living in Hamilton, IA
Population: 87 | Iowa
Hamilton is 3% less expensive than the national average.
Cost of Living in Hamilton, IA: What You Need to Know
With a cost of living index of 97, Hamilton, IA is slightly more affordable than average. Living here is 3% cheaper than the national average and 26% above the Iowa state average of 71. Hamilton is a small community of 87 residents.
The median household income in Hamilton is $70,000, which is 7% lower than the national median of $75,149.
Climate is another factor for anyone considering a move to Hamilton. The area sees an average annual temperature of 50.7°F, with summers averaging 73°F and winters around 26°F. Annual rainfall totals 37 inches spread over roughly 109 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $70,000
- vs US Median ($75,149)
- -7%
Housing
- Median Monthly Housing Cost
- $386/mo
Climate in Hamilton
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 32 | 37 | 50 | 63 | 73 | 82 | 86 | 84 | 77 | 64 | 50 | 37 |
| Avg °F | 23 | 27 | 40 | 51 | 62 | 72 | 75 | 73 | 65 | 53 | 40 | 28 |
| Low °F | 14 | 18 | 29 | 39 | 51 | 61 | 65 | 62 | 53 | 42 | 30 | 20 |
| Rain" | 1.0 | 1.4 | 2.2 | 3.8 | 5.0 | 5.4 | 3.9 | 4.4 | 3.5 | 2.8 | 2.1 | 1.4 |