Ankeny, IA Cost of Living


3 Reviews



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How much do I need to live in Ankeny, Iowa?
$5,010 / month
for a family, 7.2% less expensive than the national average A total of $60,120 for the year for a family.
$3,467 / month
for a single person, 27.3% less expensive than the national average A total of $41,600 for the year for a single person.

Ankeny cost of living score
86.6
Less expensive
13.4% lower
than the US average
8.1% higher
than the Iowa average
Ankeny, Iowa gets a BestPlaces Cost of Living score of 86.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.4% lower than the U.S. average and 8.1% lower than the average for Iowa.

Ankeny, IA

Housing costs in Ankeny?
A typical home costs $314,400, which is 7.0% less expensive than the national average of $338,100 and 61.3% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Ankeny costs $1,250 per month, which is 12.6% cheaper than the national average of $1,430 and 25.6% more than the state average of $930.

Can I afford Ankeny?
To live comfortably in Ankeny, Iowa, a minimum annual income of $60,120 for a family, and $41,600 for a single person is recommended.

What does A.I. say about Ankeny?
Ankeny, IA is a great place to live with its relatively low cost of living. According to the information provided, the cost of living in Ankeny is 92.2, which is slightly lower than the US average of 100. Along with this affordability, house median values in Ankeny are quite high at $314,400, which is higher than the national average of $338,100. This makes Ankeny an attractive option for those looking for reasonable living costs and strong housing markets.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAnkenyIowaUnited States
    Unlock80.1100.0
  100.1  Unlock100.0
    Unlock108.2100.0
  94.7  Unlock100.0
    Unlock$194,900$338,100
  100.1  Unlock100.0
    Unlock71.4100.0
  112.9  Unlock100.0

   100=National Average

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

I moved to Ankeny from Southern CA in June, 2005. My immediate and lasting impression is the incredible home values here, the relatively low population density, and the  More

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Over 17 years ago

Ankeny is a great community to raise a family or to be single. The shools are wonderful and so many activities for kids and families. The weather when it is good, it  More

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Over 18 years ago

We don't call it "Ankenytopia" for nothing! This is the best town in Iowa! The schools are top-notch, the town is growing and getting more attractions. We are missing  More

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