Inwood, IA Cost of Living


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United States / Iowa / No Metro Area / Lyon County / Inwood / Zip Codes
How much do I need to live in Inwood, Iowa?
$3,390 / month
for a family, 37.2% less expensive than the national average A total of $40,680 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Inwood cost of living score
77.5
Less expensive
22.5% lower
than the US average
3.2% lower
than the Iowa average
Inwood, Iowa gets a BestPlaces Cost of Living score of 77.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.5% lower than the U.S. average and 3.2% higher than the average for Iowa.

Inwood, IA

Housing costs in Inwood?
A typical home costs $211,500, which is 37.4% less expensive than the national average of $338,100 and 8.5% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Inwood 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 Inwood?
To live comfortably in Inwood, Iowa, a minimum annual income of $40,680 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Inwood?
Inwood, IA is known for its low cost of living. The median home cost in Inwood is $121,400, which is significantly lower than the national average of $184,700. Compared to other Iowa cities, Inwood offers some of the lowest costs for groceries and health care. Due to its rural location, utilities are also relatively inexpensive in Inwood with an average monthly electric bill of only $90. Overall, living in Inwood can be much more affordable than other cities and towns across the United States.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesInwoodIowaUnited States
    Unlock80.1100.0
  97.5  Unlock100.0
    Unlock108.2100.0
  54.7  Unlock100.0
    Unlock$194,900$338,100
  88.4  Unlock100.0
    Unlock71.4100.0
  91.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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