Drakesville, IA Cost of Living


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How much do I need to live in Drakesville, Iowa?
$3,030 / month
for a family, 43.9% less expensive than the national average A total of $36,360 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Drakesville cost of living score
80
Less expensive
20.0% lower
than the US average
0.1% lower
than the Iowa average
Drakesville, Iowa gets a BestPlaces Cost of Living score of 80, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.0% lower than the U.S. average and 0.1% higher than the average for Iowa.

Drakesville, IA

Housing costs in Drakesville?
A typical home costs $190,600, which is 43.6% less expensive than the national average of $338,100 and 2.2% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Drakesville costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 13.4% cheaper than the state average of $930.

Can I afford Drakesville?
To live comfortably in Drakesville, Iowa, a minimum annual income of $36,360 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Drakesville?
The cost of living in Drakesville, IA is quite affordable. According to BestPlaces, the overall cost of living index in Drakesville is 89.64, which is 11% lower than the U.S. average. The housing index for Drakesville is 74.45, which is 25% lower than the U.S. average and only slightly above the Iowa state average of 73.19. Additionally, groceries are more affordable than most places in the U.S., with prices 5% lower than the national average according to BestPlaces's estimates. Utilities costs also remain low compared to other areas – 19% lower than the United States on average – making it a great place to live for anyone looking for an affordable lifestyle change or new home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDrakesvilleIowaUnited States
    Unlock80.1100.0
  95.5  Unlock100.0
    Unlock108.2100.0
  53.2  Unlock100.0
    Unlock$194,900$338,100
  104.9  Unlock100.0
    Unlock71.4100.0
  86.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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