Zip 52237 (Hopkinton, IA) Cost of Living


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United States / Iowa / No Metro Area / Delaware County / Hopkinton / Hopkinton (zip 52237)
How much do I need to live in Hopkinton, Iowa?
$2,850 / month
for a family, 47.2% less expensive than the national average A total of $34,200 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Hopkinton cost of living score
80.6
Less expensive
19.4% lower
than the US average
0.6% higher
than the Iowa average
Hopkinton (zip 52237), Iowa gets a BestPlaces Cost of Living score of 80.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.4% lower than the U.S. average and 0.6% lower than the average for Iowa.

Zip 52237 (Hopkinton, IA)

Housing costs in Hopkinton?
A typical home costs $179,200, which is 47.0% less expensive than the national average of $338,100 and 8.1% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Hopkinton costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 13.4% cheaper than the state average of $930.

Can I afford Hopkinton?
To live comfortably in Hopkinton (zip 52237), Iowa, a minimum annual income of $34,200 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Hopkinton?
Living in 52237 Hopkinton, IA is quite affordable. According to BestPlaces's cost of living index, the city boasts an index score of 71.21, which is 7.79% lower than the U.S. average of 77. This means that for groceries, housing, utilities and other daily expenses, citizens of Hopkinton can expect to pay below-average prices compared to the rest of the country. Furthermore, housing costs in particular are especially low; according to NeighborhoodScout data, the median home value is just $82,000 with an average list price of $123 per square foot. With its excellent cost of living and quality amenities such as access to a variety of outdoor activities and a close-knit small town atmosphere, 52237 Hopkinton is an ideal destination for those seeking a comfortable place to call home on a budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHopkintonIowaUnited States
    Unlock80.1100.0
  95.8  Unlock100.0
    Unlock108.2100.0
  52.2  Unlock100.0
    Unlock$194,900$338,100
  99.2  Unlock100.0
    Unlock71.4100.0
  85.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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