Carpenter, IA Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Iowa / No Metro Area / Mitchell County / Carpenter / Zip Codes

Carpenter cost of living score
73.6
Less expensive
26.4% lower
than the US average
8.1% lower
than the Iowa average
Carpenter, Iowa gets a BestPlaces Cost of Living score of 73.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.4% lower than the U.S. average and 8.1% higher than the average for Iowa.

Carpenter, IA

Housing costs in Carpenter?
A typical home costs $78,800, which is 76.7% less expensive than the national average of $338,100 and 59.6% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Carpenter costs $710 per month, which is 50.3% cheaper than the national average of $1,430 and 31.0% cheaper than the state average of $930.

Can I afford Carpenter?
To live comfortably in Carpenter, Iowa, a minimum annual income of $15,120 for a family, and $21,600 for a single person is recommended.

What does A.I. say about Carpenter?
The cost of living in Carpenter, IA is low compared to much of the country. Housing costs are quite reasonable, with a median home price of just under $150,000. Groceries and healthcare are also fairly inexpensive, and utilities generally stay below the national average. With no income or sales tax, this small town provides an affordable place to live for those on a budget.
   Cost of living score
     CategoriesCarpenterIowaUnited States
  73.680.1100.0
  92.394.4100
  99.0108.2100.0
  14.855.4100.0
  $78,800$194,900$338,100
  94.4%98.5%100.0%
  63.671.4100.0
  83.396.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Carpenter, IA cost of living
Compare food, housing, utilities, and more in Carpenter, Iowa to any other city in the US.