Minburn, IA Cost of Living


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Minburn cost of living score
95.5
Less expensive
4.5% lower
than the US average
19.2% higher
than the Iowa average
Minburn, Iowa gets a BestPlaces Cost of Living score of 95.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.5% lower than the U.S. average and 19.2% lower than the average for Iowa.

Minburn, IA

Housing costs in Minburn?
A typical home costs $237,200, which is 29.8% less expensive than the national average of $338,100 and 21.7% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Minburn costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 8.1% cheaper than the state average of $930.

Can I afford Minburn?
To live comfortably in Minburn, Iowa, a minimum annual income of $45,360 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Minburn?
The cost of living in Minburn, IA is quite affordable. The median home value is only $95,000, while the median rent is only $763 per month. Goods and services are priced competitively compared to nearby cities, and the tax rate is reasonable at 6.8%. On top of that, Minburn boasts a variety of parks and recreational centers which provide ample opportunities for activities without breaking the bank. All in all, living in Minburn can be an affordable way to enjoy some of Iowa's natural beauty.
   Cost of living score
     CategoriesMinburnIowaUnited States
  95.580.1100.0
  9594.4100
  104.4108.2100.0
  65.555.4100.0
  $237,200$194,900$338,100
  100.0%98.5%100.0%
  83.171.4100.0
  120.396.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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