Fayette, IA Cost of Living


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United States / Iowa / No Metro Area / Fayette County / Fayette / Zip Codes
How much do I need to live in Fayette, Iowa?
$2,310 / month
for a family, 57.2% less expensive than the national average A total of $27,720 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Fayette cost of living score
73.1
Less expensive
26.9% lower
than the US average
8.7% lower
than the Iowa average
Fayette, Iowa gets a BestPlaces Cost of Living score of 73.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.9% lower than the U.S. average and 8.7% higher than the average for Iowa.

Fayette, IA

Housing costs in Fayette?
A typical home costs $144,800, which is 57.2% less expensive than the national average of $338,100 and 25.7% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Fayette costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 16.3% cheaper than the state average of $930.

Can I afford Fayette?
To live comfortably in Fayette, Iowa, a minimum annual income of $27,720 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Fayette?
Fayette, IA is an affordable place to live. The cost of living in Fayette is about 8.5% lower than the average cost of living in the United States, making it a great option for those looking for an affordable place to call home. Housing costs are approximately 20% lower than the national average, and groceries and healthcare costs are also relatively low compared to other places. With no state income tax, residents of Fayette can keep more of their money in their pockets. The low cost of living combined with its small town charm makes Fayette a desirable destination for many.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFayetteIowaUnited States
    Unlock80.1100.0
  93.4  Unlock100.0
    Unlock108.2100.0
  37.5  Unlock100.0
    Unlock$194,900$338,100
  100.4  Unlock100.0
    Unlock71.4100.0
  87.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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