Iowa is one of the most affordable states in North America. Along with a cheap cost of living in Iowa, the state also has great seasons, great education, and one of the wealthiest cities in the United States. Consider the potential costs of moving to Iowa before you pack your bags.
What’s the cost of living in Iowa?
You might ask yourself, “How much does it cost to live in Iowa?” A recent USA Today report ranked Iowa as the ninth cheapest place to live in the continental United States. BestPlaces ranks live indexes on an average of 100, which means any amount below 100 is a lower cost than the national average. According to this site, the cost of living in Iowa is 83.7, with healthcare being the only area of living where the ranking is above 100. The cost of living in Iowa is quite affordable. whether you live in a rural county or a large city.
How much does an apartment cost in Iowa?
The price of an apartment in Iowa will vary depending on the city you want to move to. Iowa is a state where living in urban areas such as Des Moines, one of the wealthiest cities in the United States, can be cheaper than living in rural areas. This cost decreases even more if you decide to live with roommates.
An apartment in Iowa goes from around $ 900 for a one-bedroom apartment to $ 1,295 for a four-bedroom apartment. The average rent statewide is around $ 960 per month. Remember, when renting an apartment, be sure to factor in other costs like utilities, HOAs, and tenant insurance.
How Do I Find Cheap Apartments in Iowa?
To find the cheapest apartment in Iowa, you need to use online tools and be specific about what you’re looking for. Use the online marketplace to compare options and narrow your search. Think about what you need in your apartment – number of bedrooms, number of bathrooms, accessibility to public transport, and anything that may narrow your search box. Have a maximum price that you intend to pay and try not to exceed that amount when looking at apartments.
Once you have used all the online resources, it is essential to visit the cities that interest you. Maybe a quaint town like Maquoketa, Iowa sounds good. Or maybe you fall in love with a city like Iowa City. Research the neighborhoods and determine the cheapest location within the city limits. Iowa City may be one of the more expensive cities in Iowa, but you can still find a two-bedroom apartment for under $ 1,000.
What’s the cheapest rent in Iowa?
Some of the smaller towns in Iowa are attractive and they often have the cheapest rents. The most affordable place to live in Iowa is Denison, Iowa. Denison is located in Midwestern Iowa and has low rental costs as well as the highest median income among its population. Coming behind Denison in terms of cheap rent are Webster City and Clarinda. These small towns have an average population of 8,000 inhabitants. The second most affordable city is Marshalltown, which has a population of 27,000.
However, if you want to live in a larger city, there are affordable areas, even in urban centers. Des Moines has an average rent of $ 888 for a single apartment, plus an unemployment rate half the national average. Even though apartments are a bit more expensive, the dynamic job market makes up for the cost.
What are the average utility costs in Iowa?
The cost of utilities in Iowa is quite low compared to the rest of the United States. In terms of energy costs, the biggest part will be for heating and heating water in the winter, when Iowa can experience a temperature a few degrees below freezing. You can save money on heating by renting a newly furnished winter apartment that can withstand the icy Iowa breezes in winter.
According to Space Simply, utility costs for a combination of water, electricity, gas and waste disposal will average about $ 215 per month for the average utility bill in Iowa. The one utility that will fluctuate the most depending on where you live is cable / internet. This convenience costs more if you live in rural Iowa. An intermediate plan will cost around $ 70 per month.
What are the other costs to consider living in Iowa?
You want to consider your lifestyle, family size, and salary when you move to a new city. If you are a young person starting a new career, you need to factor in transportation costs, social activities, and rent. If you are moving your whole family to Iowa, you’ll want to research schools, daycares, and the job market. If you’re moving to Iowa to begin your retirement, you’ll want to factor in retirement costs, health care, social clubs, and excursions.
One thing everyone will need to think about is the cost of food. Grocery costs will change dramatically depending on the size of your family. But the average cost of food for a family with two adults and two children is around $ 650 per month. If you decide to live in a larger city, you need to factor in the increased costs of catering for meals.
Transportation is another cost that everyone will need to consider carefully. If you choose to live in a small town in rural Iowa, you will need a car. The cost of buying and maintaining a car in Iowa is cheaper than in much of the country. Public transportation options in many cities may be limited. The most common form of public transportation is the bus system, also known as Iowa DOT. View Iowa DOT maps and schedules for cities in Iowa.
Now that you understand several points about the cost of living in Iowa, you’ll be ready to choose a place to live in Hawkeye State.