Colwell, IA Cost of Living


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United States / Iowa / No Metro Area / Floyd County / Colwell / Zip Codes

Colwell cost of living score
72.6
Less expensive
27.4% lower
than the US average
9.4% lower
than the Iowa average
Colwell, Iowa gets a BestPlaces Cost of Living score of 72.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.4% lower than the U.S. average and 9.4% higher than the average for Iowa.

Colwell, IA

Housing costs in Colwell?
A typical home costs $121,000, which is 64.2% less expensive than the national average of $338,100 and 37.9% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Colwell costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 14.8% cheaper than the state average of $930.

Can I afford Colwell?
To live comfortably in Colwell, Iowa, a minimum annual income of $23,040 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Colwell?
The cost of living in Colwell, IA is quite affordable. The median home value in Colwell is $117,000 and the median household income is $53,834. Renters only spend an average of $604 per month for housing expenses. Utilities such as electricity and natural gas are also relatively low compared to other cities, coming in at an average monthly cost of just under $150. Groceries and dining out prices are also quite affordable, with a meal for two at a mid-priced restaurant costing around $35. All in all, the cost of living in Colwell, IA is quite reasonable and allows residents to enjoy a high quality of life without breaking the bank.
   Cost of living score
     CategoriesColwellIowaUnited States
  72.680.1100.0
  88.594.4100
  100.6108.2100.0
  18.355.4100.0
  $121,000$194,900$338,100
  98.9%98.5%100.0%
  66.671.4100.0
  86.596.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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