Goldfield, IA Cost of Living


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United States / Iowa / No Metro Area / Wright County / Goldfield / Zip Codes

Goldfield cost of living score
71.5
Less expensive
28.5% lower
than the US average
10.7% lower
than the Iowa average
Goldfield, Iowa gets a BestPlaces Cost of Living score of 71.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.5% lower than the U.S. average and 10.7% higher than the average for Iowa.

Goldfield, IA

Housing costs in Goldfield?
A typical home costs $122,100, which is 63.9% less expensive than the national average of $338,100 and 37.4% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Goldfield costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 17.7% cheaper than the state average of $930.

Can I afford Goldfield?
To live comfortably in Goldfield, Iowa, a minimum annual income of $23,400 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Goldfield?
The cost of living in Goldfield, IA is relatively low compared to other areas. The average rent for a two-bedroom apartment in the area is approximately $660 per month, while the median home value is around $89,000. Groceries and other essentials are fairly inexpensive with a local weekly grocery bill amounting to about $40. Utility costs tend to be quite reasonable in this rural community, with electricity and gas rates coming in at below-average prices. Despite the low cost of living, Goldfield offers plenty of amenities such as parks, restaurants, museums, and more.
   Cost of living score
     CategoriesGoldfieldIowaUnited States
  71.580.1100.0
  92.294.4100
  124.9108.2100.0
  23.455.4100.0
  $122,100$194,900$338,100
  94.6%98.5%100.0%
  61.871.4100.0
  88.196.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Goldfield
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Over 17 years ago

Goldfield, Iowa REALLY is Small Town, USA! We have a population of just under 1000, but enjoy so many of the advantages of a larger town. Goldfield is a place where  More

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