Housing costs in Hopkinton?
A typical home costs
$179,800, which is 46.8% less expensive than the national average of
$338,100 and 7.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Hopkinton costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford Hopkinton?
To live comfortably in Hopkinton, Iowa, a minimum annual income of
$34,560 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Hopkinton?
The cost of living in Hopkinton, IA is relatively affordable compared to other cities. The median house price is around $148,000, making it a great place for first-time home buyers or those looking for a more affordable living space. Renters don’t have to worry either as the average rent for an apartment in the city is quite reasonable at approximately $731. Utilities are also very low, running an average of only $125 per month. This makes it easy to get by without breaking the bank and allows individuals and families to save money each month on their cost of living.