Ringsted, IA Cost of Living


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United States / Iowa / No Metro Area / Emmet County / Ringsted / Zip Codes

Ringsted cost of living score
72.4
Less expensive
27.6% lower
than the US average
9.6% lower
than the Iowa average
Ringsted, Iowa gets a BestPlaces Cost of Living score of 72.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.6% lower than the U.S. average and 9.6% higher than the average for Iowa.

Ringsted, IA

Housing costs in Ringsted?
A typical home costs $63,800, which is 81.1% less expensive than the national average of $338,100 and 67.3% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Ringsted costs $620 per month, which is 56.6% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $930.

Can I afford Ringsted?
To live comfortably in Ringsted, Iowa, a minimum annual income of $12,240 for a family, and $19,200 for a single person is recommended.

What does A.I. say about Ringsted?
Living in Ringsted, IA can be quite affordable. The median home value in the city is $77,000 and the median household income is $45,000. This means that it costs significantly less to own a home in Ringsted than in other parts of the country. Additionally, the cost of living index for the area is 87.9, which is lower than the national average of 100, indicating that goods and services are relatively cheaper than other areas. Overall, Ringsted provides a great quality of life at an affordable price tag.
   Cost of living score
     CategoriesRingstedIowaUnited States
  72.480.1100.0
  89.894.4100
  126.1108.2100.0
  14.255.4100.0
  $63,800$194,900$338,100
  101.2%98.5%100.0%
  73.271.4100.0
  86.296.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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