Marshalltown, IA Cost of Living


4 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Marshalltown cost of living score
73.8
Less expensive
26.2% lower
than the US average
7.9% lower
than the Iowa average
Marshalltown, Iowa gets a BestPlaces Cost of Living score of 73.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.2% lower than the U.S. average and 7.9% higher than the average for Iowa.

Marshalltown, IA

Housing costs in Marshalltown?
A typical home costs $128,600, which is 62.0% less expensive than the national average of $338,100 and 34.0% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Marshalltown costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 12.0% cheaper than the state average of $930.

Can I afford Marshalltown?
To live comfortably in Marshalltown, Iowa, a minimum annual income of $24,480 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Marshalltown?
The cost of living in Marshalltown, IA is lower than the national average, making it an attractive option for those looking to save money. According to Sperling's Best Places, the cost of living index in the city is 81.9 compared to the U.S. average of 100, meaning goods and services are 19% cheaper here than they are nationally on average. Housing costs in particular are quite low with median home prices around $125,000 and the median monthly rent for a one-bedroom apartment coming in at only $625 per month. Overall, Marshalltown is a great place to live if you're looking for affordable options without having to sacrifice quality of life or amenities.
   Cost of living score
     CategoriesMarshalltownIowaUnited States
  73.880.1100.0
  94.194.4100
  108.9108.2100.0
  37.355.4100.0
  $128,600$194,900$338,100
  103.7%98.5%100.0%
  62.271.4100.0
  94.796.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Marshalltown
    See all (4)

I have lived around and worked in Marshalltown for nearly 15 years now, and I have lived in and around the area and the state for half my life. Marshalltown is  More

   |    Reply

Over 6 years ago

I Am Going To Be Straight And Honest With You If You Choose To Live In Marshalltown Iowa You Will Pay Some Of The Most Highest Taxes, And Property Taxes In Iowa.  More

   |    Reply

Over 15 years ago

Another contributor's recent comment on the quality of life in Marshalltown was accurate up to a point, in my opinion as a long-time city resident, but did not offer a  More

   |    Reply

Start Your Review of Marshalltown

Crime
Compare Marshalltown, IA cost of living
Compare food, housing, utilities, and more in Marshalltown, Iowa to any other city in the US.