Morley, IA Cost of Living


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Morley cost of living score
80.5
Less expensive
19.5% lower
than the US average
0.5% higher
than the Iowa average
Morley, Iowa gets a BestPlaces Cost of Living score of 80.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.5% lower than the U.S. average and 0.5% lower than the average for Iowa.

Morley, IA

Housing costs in Morley?
A typical home costs $85,400, which is 74.7% less expensive than the national average of $338,100 and 56.2% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Morley costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 4.5% cheaper than the state average of $930.

Can I afford Morley?
To live comfortably in Morley, Iowa, a minimum annual income of $16,200 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Morley?
The cost of living in Morley, IA is surprisingly affordable. The overall cost of living index is just 81.6, making it 21.4% lower than the national average. Housing costs are especially low, with the median home value falling at just $69,500 and the median rent resting at an even more economical $557 per month. Other basic expenses are similarly low with food, transportation and healthcare all relatively inexpensive compared to places with a higher cost of living index. For those looking for a place to settle down without being weighed down by costly expenses, Morley, IA may be a great option to consider.
   Cost of living score
     CategoriesMorleyIowaUnited States
  80.580.1100.0
  90.694.4100
  102.8108.2100.0
  20.955.4100.0
  $85,400$194,900$338,100
  102.5%98.5%100.0%
  80.271.4100.0
  89.996.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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